Sec. 36.301. FILING CLAIM. (a) This section applies only to a claim by a person, other than a shareholder acting in that capacity, who has a claim against a state bank in liquidation, including a claimant with a secured claim and a claimant under a fiduciary relationship who has been ordered by the receiver to file a proof of claim under Section 36.223 . (b) To receive payment of a claim, the person must present proof of the claim to the receiver: (1) at a place specified by the receiver; and (2) within the period specified by the receiver under Section 36.205 . (c) A claim that is not filed within the period specified by the receiver may not participate in a distribution of the assets by the receiver, except that, subject to court approval, the receiver may accept a claim filed not later than the 180th day after the date notice of the claimant's right to file a proof of claim is mailed to the claimant. (d) A claim accepted and approved under Subsection (c) is subordinate to an approved claim of a general creditor. (e) Interest does not accrue on a claim after the date the bank is closed for liquidation.
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