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Tex. Ins. Code § 462.253

EFFECT ON INSURED OF REDUCTION IN AMOUNT OF COVERED CLAIM

Known as the Texas Property and Casualty Insurance Guaranty Act

The act spans §§ 462–462 (90 sections).

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff

To the extent that the association's obligation is reduced by the application of Sections 462.251 and 462.252, the liability of the person insured by the impaired insurer's policy for the claim is reduced in the same amount.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.