Tex. Bus. & Com. Code § 23.31 · Subchapter D. DUTIES AND RIGHTS OF CREDITORS
CREDITOR'S PROOF AND ASSIGNEE'S ALLOWANCE OF CLAIM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.23.htm
- Text hash
- sha256 ac4bba0409a71cffa13e0ccd5020de6159ac2cb80208f69aa9a625ea3f5aa9b7
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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