In no event shall the association be obligated to a policyholder or claimant in an amount in excess of the obligation of the insolvent insurer under the policy from which the claim arises. Notwithstanding any other provisions of this article, a covered claim shall not include a claim filed with the association after final date set by the court for the filing of claims against the liquidator or receiver of an insolvent insurer.
Structure Mississippi Code
Chapter 23 - Insolvent Insurance Companies; Insurance Guaranty Association
Article 3 - Insurance Guaranty Association
§ 83-23-105. Application of article; exceptions
§ 83-23-111. Creation of the association
§ 83-23-115. Powers and duties of association
§ 83-23-121. Assignment of rights to association; effect of paid claims
§ 83-23-125. Prevention of insolvencies
§ 83-23-127. Examination of the association
§ 83-23-131. Recognition of assessments in rates
§ 83-23-135. Stay of proceedings; access to insolvent insurer's records