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Terms Used In Texas Finance Code 66.313

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

After paying a final dividend as provided by Section 66.309 and performing any necessary or proper action in liquidating the association’s assets for the benefit of the depositors and creditors of the association, the liquidating agent shall file with the commissioner a final report of the liquidation.