Sec. 2602.252. CLAIM AGAINST TRUST FUNDS OR ESCROW ACCOUNT

Latest version.

An unpaid claim is a covered claim if the claim:
(1) is against trust funds or an escrow account of an impaired title insurance company or agent; and
(2) is unpaid because of a shortage of those funds or in that account.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

                    
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