Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle D. CREDIT UNIONS |
Chapter 126. CREDIT UNION SUPERVISION AND REGULATION |
Subchapter G. CLAIMS RELATING TO CREDIT UNION IN LIQUIDATION |
Sec. 126.306. BARRED CLAIMS
Latest version.
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(a) A claim not filed before the liquidating agent pays the final liquidation dividend is barred.
(b) A claim rejected by the liquidating agent is barred unless suit to appeal the liquidating agent's rejection is filed within three months after the date of notice of rejection.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.