Texas § IN.2602.258 - CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED CLAIM
Full text of Texas The Texas Constitution § IN.2602.258 — CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED CLAIM, with citation guidance and answers to common questions.
§ IN.2602.258. CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED CLAIM
CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED CLAIM; LIMIT. (a) Money from assessments or guaranty fees is liable only for the difference between the amount of covered claims and the amount of assets marshalled by a receiver or conservator for payment to holders of covered claims. (b) In an ancillary receivership in this state, money from assessments is liable only for the difference between the amount of covered claims and the amount of assets marshalled by receivers in other states for payment of covered claims in this state. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2602.258
What does The Texas Constitution § IN.2602.258 cover?
Section IN.2602.258 ("CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED CLAIM") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2602.258?
A common citation format is "The Texas Constitution § IN.2602.258" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2602.258 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.