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Texas Finance Code

§ 66.355 — RECEIPT OF ITEMS AS EVIDENCE IN RECEIVERSHIP PROCEEDING; CERTIFICATION

FI § 66.355Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part B. SAVINGS AND LOAN ASSOCIATIONS · Ch. 66. ENFORCEMENT AND REGULATION · Art. H. RECEIVERSHIP OF UNINSURED ASSOCIATIONS

Statute text

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(a)A book, record, document, or paper of the association received and held by the receiver during the receivership proceeding or a certified copy of one of those items, under the hand and official seal of the receiver, is admissible as evidence in a case brought by or against the receiver without additional evidence of authenticity except for a certificate of the receiver stating that the item was received from the custody of the association or found among the association's effects.
(b)In a case brought by or against the receiver, the receiver may:
(1)certify the correctness of a paper, document, or record of the receiver's office, including an item described by Subsection (a); and
(2)certify under seal of the receiver to a fact contained in the paper, document, or record in evidence in a case in which the original would be evidence.
(c)When admitted into evidence, the original or a certified copy or part of an item described by Subsection (b) becomes prima facie evidence of the facts disclosed in the item.
(d)This section applies to a case brought by or against the liquidating agent before the appointment of a receiver as if the case had been brought by or against the receiver.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.