Travis Texas Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry is a legal document that grants permission for the release and disbursement of funds that have been held in the court registry. This order ensures that the rightful recipients or parties involved receive the funds they are entitled to, based on a previous agreement or court decision. The funds in question may have been held due to a lawsuit, settlement, or other legal matter. In Travis County, Texas, there may be various types of Agreed Orders Authorizing Release and Payment of Funds Held in the Court Registry, depending on the specific circumstances: 1. Personal Injury Settlement: This type of agreed order may be used when settling a personal injury lawsuit. It outlines the terms of the settlement, including the amount of funds to be released from the court registry and distributed to the injured party. 2. Divorce Settlement: In cases of divorce, an agreed order may authorize the release and payment of financial assets, such as property or retirement funds, from the court registry to the appropriate spouse as specified in the settlement agreement. 3. Class Action Settlement: When a class action lawsuit is settled, an agreed order can be issued to release and distribute the agreed-upon settlement funds to the members of the affected class, as awarded by the court. 4. Probate Proceeding: In the context of probate matters, an agreed order may authorize the release and payment of funds held in the court registry to beneficiaries of an estate. This can include the distribution of assets, proceeds from the sale of property, or other monetary disbursements. 5. Judgments and Garnishments: If a judgment has been entered against a party and the funds are being held in the court registry, an agreed order can authorize the release and payment of the funds to the prevailing party or the party entitled to receive the judgment amount. Overall, the Travis Texas Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry serves as a crucial legal tool in ensuring that funds are properly disbursed according to court-approved agreements and decisions. The specific type of agreed order will depend on the nature of the case and the context in which the funds are being held.
Travis Texas Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry
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