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Texas Finance Code - Section 36.302. Proof Of Claim

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 36.302. Proof Of Claim

§ 36.302. PROOF OF CLAIM. (a) A proof of claim must be in writing, be signed by the claimant, and include: (1) a statement of the claim; (2) a description of the consideration for the claim; (3) a statement of whether collateral is held or a security interest is asserted against the claim and, if so, a description of the collateral or security interest; (4) a statement of any right of priority of payment for the claim or other specific right asserted by the claimant; (5) a statement of whether a payment has been made on the claim and, if so, the amount and source of the payment, to the extent known by the claimant; (6) a statement that the amount claimed is justly owed by the bank in liquidation to the claimant; and (7) any other matter that is required by the court. (b) The receiver may designate the form of the proof of claim. A proof of claim must be filed under oath unless the oath is waived by the receiver. A proof of claim filed with the receiver is considered filed in an official proceeding for purposes of Chapter 37, Penal Code. (c) If a claim is founded on a written instrument, the original instrument, unless lost or destroyed, must be filed with the proof of claim. After the instrument is filed, the receiver may permit the claimant to substitute a copy of the instrument until the final disposition of the claim. If the instrument is lost or destroyed, a statement of that fact and of the circumstances of the loss or destruction must be filed under oath with the claim. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.

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Last modified: August 10, 2007