Texas Finance Code - Section 66.304. Notice
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§ 66.304. NOTICE. (a) Under the commissioner's
supervision, the liquidating agent shall give notice to creditors
and savings account holders directing them to present and prove
their claims and requiring them to file a written proof of claim at
the address designated in the notice.
(b) The notice shall be published once a week for three
successive weeks in a newspaper of general circulation in each
county in which the association maintained an office or branch to
transact business on the date the association ceased unrestricted
operations.
(c) Not later than the 30th day after the date on which the
notice is first published, the liquidating agent shall mail a
similar notice to each depositor and creditor named in the books of
the association at the address shown in those books.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 66.252 66.253 66.254 66.255 66.301 66.302 66.303 66.304 66.305 66.306 66.307 66.308 66.309 66.310 66.311
Last modified: August 10, 2007
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