Section 96.309 - 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 96.304.(b) The liquidating agent shall declare and pay a final dividend after:(1) the prohibitory period prescribed by Subsection (a) expires; and(2) the liquidating agent liquidates each asset of the savings bank capable of being liquidated or receives sufficient money from the liquidation to:(A) pay the costs of liquidation;(B) pay all claims that have been presented and approved; and(C) leave money available to pay all nonclaiming deposit account holders and creditors of the savings bank. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.