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Rule 49 Admission and rejection of proofs for dividend

Original text. Later amendments are not shown.

(1)

The T&S administrator may admit or reject a proof for dividend, in whole or in part.

(2)

If the T&S administrator rejects a proof in whole or in part, the T&S administrator must deliver to the creditor a statement of the T&S administrator’s reasons for doing so, as soon as reasonably practicable.