(a) No Liability. The recovery fund, the Commissioner,
and the Department are not liable to a claimant for a claim approved
by the Commissioner under Finance Code §156.504 if the assets
of the recovery fund are insufficient to pay such claim.
(b) Payment of Unpaid Claims. If the recovery fund
contains insufficient assets to pay a claim approved by the Commissioner
under Finance Code §156.504, the Commissioner will:
(1) record the time and date the claim was approved;
and
(2) pay approved but unpaid claims for which a recordation
was made under paragraph (1) of this subsection as funds in the recovery
fund become available, in the order of the recorded time and date
of such claims.
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