Texas Insurance Code 462.311 – Report to Receiver
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Terms Used In Texas Insurance Code 462.311
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.