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Texas Finance Code - FIN § 66.305. Presentation of Claim

Current as of January 01, 2024 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 66.305. Presentation of Claim - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-66-305/

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