Sec. 2602.308. REPORT TO RECEIVER. The association shall periodically file with the receiver of an impaired title insurance company a statement of covered claims paid by the association and an estimate of claims anticipated against the association. The statement preserves the rights of the association against the assets of the company.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Structure Texas Statutes
Subtitle C - Financial Solvency
Chapter 2602 - Texas Title Insurance Guaranty Association
Subchapter G. Association Powers and Duties Relating to Covered Claims
Section 2602.302. Payment of Covered Claims
Section 2602.303. Servicing Facility
Section 2602.304. Advance as Loan
Section 2602.305. Association in Place of Impaired Title Insurance Company or Agent
Section 2602.306. Assignment of Claimant's Rights
Section 2602.307. Settlement by Association Binding; Priority of Claim and Expenses