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Texas Finance Code - Section 66.305. Presentation Of Claim

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 66.305. Presentation Of Claim

§ 66.305. PRESENTATION OF CLAIM.  (a) To be entitled to 
priority, each person asserting a claim against an association 
being liquidated under this subchapter must present the claim in 
writing to the commissioner or the liquidating agent at the address 
designated in the notice under Section 66.304 before the last day of 
the 18th month after the date the notice is first published.
	(b)  The claim must:                                                           
		(1)  contain a statement of the facts on which the claim 
is based;          
		(2)  set out any right of payment priority or other 
specific right asserted by the claimant;  and
		(3)  be signed and sworn to by the claimant.                                  

Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.                   

Last modified: August 10, 2007