Texas Finance Code 341.604 – Statute of Limitations
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(a) An application for the recovery of actual damages from the fund under § 341.605 may not be filed after the second anniversary of the date of the alleged act or omission causing the actual damages or the date the act or omission should reasonably have been discovered.
(b) This section does not apply to a subrogation claim brought by the commissioner for recovery of money paid out of the fund.
Terms Used In Texas Finance Code 341.604
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.