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Texas Insurance Code - INS § 2208.252. Uses of Fund

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Administrative expenses of the pool may be paid from the fund.

(b) Money in the fund may not be used to pay:

(1) punitive damages;

(2) a fine or penalty imposed for a violation of:

(A) a statute;

(B) an administrative rule or regulation; or

(C) an order or ordinance of a public entity; or

(3) a claim under excess insurance coverage until all benefits payable under any other underlying policy or self-insurance covering the claim or judgment are exhausted.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2208.252. Uses of Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2208-252/

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