Texas § 462.306 DISCHARGE OF POLICY OBLIGATION.

Texas Statutes

§ 462.306 — DISCHARGE OF POLICY OBLIGATION.

Texas § 462.306

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 462.306 (2026).

Text

Sec. 462.306. DISCHARGE OF POLICY OBLIGATION.

(a)The association shall discharge an impaired insurer's policy obligations, including the duty to defend insureds under a liability insurance policy, to the extent that the policy obligation is a covered claim under this chapter.

(b)In performing the association's statutory obligations, the association may also enforce a duty imposed on the insured or beneficiary under the terms of an insurance policy within the scope of this chapter.

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Sec. 462.306. DISCHARGE OF POLICY OBLIGATION. (a) The association shall discharge an impaired insurer's policy obligations, including the duty to defend insureds under a liability insurance policy, to the extent that the policy obligation is a covered claim under this chapter.
(b) In performing the association's statutory obligations, the association may also enforce a duty imposed on the insured or beneficiary under the terms of an insurance policy within the scope of this chapter.