Section 66.309 - Payment of Final Dividend(a) The liquidating agent may not pay a final dividend before the first day of the 19th month after the date notice is first published under Section 66.304.(b) The liquidating agent shall declare and pay a final dividend after:(1) the period provided by Subsection (a) expires; and(2) the liquidating agent liquidates each asset of the association capable of being liquidated or receives sufficient money from the liquidation to:(A) pay the costs of the liquidation;(B) pay all claims that have been presented and established; and(C) leave money available to pay all nonclaiming depositors and creditors of the association. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.