§ 2602.251 Covered Claims in General
§ 2602.252 Claim Against Trust Funds or Escrow Account
§ 2602.253 Claim in Connection With Fidelity of Agent
§ 2602.254 Certain Conservator and Receiver Expenses Covered
§ 2602.255 Claims Not Covered
§ 2602.256 Amount of Covered Claim; Limit
§ 2602.257 Exhaustion of Other Rights Required
§ 2602.258 Certain Money Authorized for Use in Paying Covered Claim; Limit
§ 2602.259 Stay of Proceedings; Certain Decisions Not Binding
§ 2602.260 Admissibility of Payment
§ 2602.261 Appeal of Claim Determination
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Terms Used In Texas Insurance Code Chapter 2602 > Subchapter F - Covered Claims

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
  • Verdict: The decision of a petit jury or a judge.
  • Year: means 12 consecutive months. See Texas Government Code 311.005