Sec. 186.308. OBJECTION TO APPROVED CLAIM. The receiver with court approval shall set a deadline for an objection to an approved claim. On or before that date a depositor, creditor, other claimant, shareholder, participant, or participant-transferee of the state trust company may file an objection to an approved claim. The objection shall be heard and determined by the court. If the objection is sustained, the court shall direct an appropriate modification of the schedule of claims.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 186 - Dissolution and Receivership
Subchapter D. Claims Against Receivership Estate
Section 186.302. Proof of Claim
Section 186.303. Judgment as Proof of Claim
Section 186.304. Secured Claim
Section 186.305. Unliquidated or Undetermined Claim
Section 186.307. Action on Claim
Section 186.308. Objection to Approved Claim
Section 186.309. Appeal of Rejected Claim
Section 186.310. Payment of Claim
Section 186.311. Priority of Claims Against Insured State Trust Company
Section 186.312. Priority of Claims Against Uninsured State Trust Company