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Texas Insurance Code - Section 462.203. Certain Expenses Of Receivership Or Conservatorship Estate Covered

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 462.203. Certain Expenses Of Receivership Or Conservatorship Estate Covered

§ 462.203. CERTAIN EXPENSES OF RECEIVERSHIP OR 
CONSERVATORSHIP ESTATE COVERED.  An administration expense 
incurred in processing or paying a claim against a receivership or 
conservatorship estate is a covered claim if the impaired insurer 
has insufficient assets to pay the expenses of administering the 
estate.

Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.           

Last modified: August 10, 2007