Sec. 462.311. REPORT TO RECEIVER. The association shall periodically file with the receiver of an impaired insurer 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 impaired insurer.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle D - Guaranty Associations
Chapter 462 - Texas Property and Casualty Insurance Guaranty Association
Subchapter G. Association Powers and Duties Relating to Covered Claims
Section 462.302. Payment of Covered Claims
Section 462.303. Certain Determinations Not Binding
Section 462.304. Servicing Facility
Section 462.305. Limitation of Association's Liability
Section 462.306. Discharge of Policy Obligation
Section 462.307. Assignment of Rights
Section 462.308. Recovery From Certain Persons
Section 462.309. Stay of Proceedings; Certain Decisions Not Binding
Section 462.310. Settlement by Association Binding; Priority of Claim and Expenses