Insurance Code § 2207.353
The pool may use the fund for administrative expenses and, with board approval, commissions; the fund cannot be used for punitive damages, fines, penalties, or claim payments before other underlying liability coverage is exhausted.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
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administrative expenses claims payment commissions fund use
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Insurance Code § 2207.353
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