§ 462.252 Reduction in Amount of Covered Claim for Other Policy
§ 462.253 Effect On Insured of Reduction in Amount of Covered Claim
§ 462.254 Recovery From More Than One Guaranty Association
§ 462.255 Certain Claims Subject to Lien or Subrogation; Limit On Total Recovery

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Terms Used In Texas Insurance Code Chapter 462 > Subchapter F - Nonduplication of Recovery

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005