Section 126.304 - Liquidation Dividends(a) The liquidating agent from time to time shall make a ratable liquidation dividend on claims that have been:(1) proved to the satisfaction of the board or the liquidating agent; or(b) After the credit union's assets have been liquidated, the liquidating agent shall make further liquidation dividends on claims previously proved or adjusted.(c) For purposes of making a further liquidation dividend under Subsection (b), the liquidating agent may accept the statement of an amount due a claimant as shown on the credit union's books and records instead of a formal proof of claim filed on the claimant's behalf. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.