An administrator may not pay a claim from a fiduciary bank account established under Section 4151.107.
Tex. Ins. Code § 4151.109
PAYMENT OF CLAIMS FROM FIDUCIARY ACCOUNT PROHIBITED
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.