Sec. 462.303. CERTAIN DETERMINATIONS NOT BINDING. (a) The association is not bound by:
(1) a judgment taken before the designation of impairment in which an insured under a liability insurance policy or the insurer failed to exhaust all appeals;
(2) a judgment taken by default or consent against an insured or the impaired insurer; or
(3) a judgment, settlement, or release entered into by the insured or the impaired insurer.
(b) A judgment, settlement, or release described by Subsection (a) is not evidence of liability or of damages in connection with a claim brought against the association or another party under this chapter.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
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