Sec. 64.031.  GENERAL POWERS AND DUTIES.  Subject to the control of the court, a receiver may:
(1)  take charge and keep possession of the property;
(2)  receive rents;
(3)  collect and compromise demands;
(4)  make transfers;  and
(5)  perform other acts in regard to the property as authorized by the court.
Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.