Texas Insurance Code 2211.102 – Liability of Insurers to Association; Assessments
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Terms Used In Texas Insurance Code 2211.102
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The participating insurers are liable to the association as provided by this chapter and the plan of operation for the expenses and liabilities incurred by the association as provided by this chapter and the plan. The association shall make assessments against the participating insurers as required to meet those expenses and liabilities.