§5-8A-44. Actions upon rejected claims; late claims.  


Latest version.
  • Any action upon a claim so rejected must be brought by filing a complaint in the receivership court by the claimant within six months after service of such notice or the same shall be barred. Claims presented and allowed after the expiration of the time fixed in the notice to creditors shall be entitled to share in the distribution only to the extent of the assets in the hands of the receiver at the time such claims are filed, without allowance for previous distribution.

(Acts 1980, No. 80-658, §5-8-44.)