Texas Insurance Code 462.203 – Certain Expenses of Receivership or Conservatorship Estate Covered
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 462.203
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.