Insurance Code § 462.203
An administration expense can count as a covered claim when it is incurred in processing or paying a claim against a receivership or conservatorship estate and the impaired insurer lacks enough assets to pay administration expenses.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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claims administration conservatorship receivership
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Insurance Code § 462.203
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