Tex. Bus. & Com. Code § 23.31

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 23.31 - Creditor's Proof and Assignee's Allowance of Claim

(a) Within six months after the first publication of notice of appointment required by Section 23.17 of this code, a consenting creditor must file with the assignee a statement, sworn to by the creditor, his agent, or attorney,

(1) describing the nature and amount of the creditor's claim against the assigning debtor; and

(2) stating that

(A) the claim is true;

(B) the debt is just; and

(C) all proper credits or offsets have been allowed against the claim.

(b) The assignee shall allow a claim filed under Subsection (a) of this section against the assigned estate unless he has good reason to believe the claim is not just and true.

(c) If a creditor does not file a statement in the time required by Subsection (a) of this section, he is not entitled to receive any of the assigned estate.

Tex. Bus. and Comm. Code § 23.31

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.