Sec. 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, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 66 - Enforcement and Regulation
Section 66.301. Liquidation of Association
Section 66.302. Removal or Replacement of Liquidating Agent
Section 66.303. Duties of Liquidating Agent
Section 66.305. Presentation of Claim
Section 66.306. Priority of Claims
Section 66.307. Action on Claim
Section 66.308. Hearing on Claim; Appeal of Adverse Determination of Claim
Section 66.309. Payment of Final Dividend
Section 66.310. Deposit of Money by Liquidating Agent
Section 66.311. Payment of Nonclaiming Depositors and Creditors
Section 66.312. Cost of Liquidation
Section 66.314. Continued Existence of Association Following Liquidation
Section 66.315. Special Liquidating Agent