RECOVERY FROM MORE THAN ONE GUARANTY ASSOCIATION.
Tex. INS Code § 462.254.
in effect(a) Except as provided by Subsections (b) and (c), a person who has a claim that may be recovered from more than one insurance guaranty association or the equivalent shall seek recovery first from the association of the insured's residence.
(b) A claimant shall seek recovery of a first-party claim for damage to property with a permanent location first from the association of the location of the property.
(c) A claimant shall seek recovery of a workers' compensation claim first from the association of the claimant's residence.
(d) The association has a credit or offset against the benefits under this chapter in the amount of the claimant's recovery under this section.
(e) Subject to Section 462.255 , the maximum amount payable by the association is the amount of damages incurred by the claimant, less the credit or offset, except that the association's liability may not exceed $300,000.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.