{"data":{"id":"us-tx/tex.-insurance-code-2602.256","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2602.256","heading":"AMOUNT OF COVERED CLAIM; LIMIT.","body":"(a) A covered claim under Section 2602.251 or 2602.253 may not exceed the lesser of $500,000 for each claimant or $500,000 for each policy.\n(b) A covered claim under Section 2602.252 may not exceed the lesser of $500,000 for each claimant or the amount of money actually received by the impaired title insurance company or agent as trust funds or an escrow account for each claimant in a transaction from which the claim arises, except that the cumulative amount of covered claims arising from a single transaction may not exceed $500,000.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 775 (H.B. 1614), Sec. 25, eff. September 1, 2019.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE C. FINANCIAL SOLVENCY","CHAPTER 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER F. COVERED CLAIMS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2602.htm#2602.256","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"c76fdec770fb77c6053d962e9084bf88931f6c0aad68f0dba8ff99a4a007fab3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2602.255","next":"us-tx/tex.-insurance-code-2602.257"},"notice":"GroundRules: Original legal text. Not legal advice."}