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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The receiver's rejection of a claim may be appealed in the court in which the receivership proceeding is pending. The appeal must be brought within three months after the date of service of notice of the rejection.
(b) If the appeal is timely brought, review is de novo as if it were an action originally filed in the court, and is subject to the rules of procedure and appeal applicable to civil cases. An action to appeal rejection of a claim by the receiver is separate from the receivership proceeding, and may not be initiated by a claimant intervening in the receivership proceeding.
(c) If the action is not timely brought, the action of the receiver is final and not subject to review.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 186.309. Appeal of Rejected Claim - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-186-309/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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