Sec. 76.503. HEARING. (a) The treasurer of the holder may hold a hearing and receive evidence concerning a claim filed under this subchapter.
(b) If the treasurer of the holder considers that a hearing is necessary to determine the validity of a claim, the treasurer of the holder shall sign the statement of the findings and the decision on the claim. The statement shall report the substance of the evidence heard and the reasons for the decision. The statement is a public record.
(c) If the treasurer of the holder determines that a claim is valid, the treasurer of the holder shall approve and sign the claim.
Added by Acts 1997, 75th Leg., ch. 1037, Sec. 38, eff. Sept. 1, 1997.
Section: Previous 76.303 76.304 76.401 76.402 76.403 76.501 76.502 76.503 76.504 76.505 76.506 76.507 76.601 76.602 76.603 NextLast modified: September 28, 2016