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This entry was published on 2014-09-22
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Assignments of judgments to corporation
Insurance (ISC) CHAPTER 28, ARTICLE 52
§ 5216. Assignments of judgments to corporation. (a) The corporation
shall not pay any sum, in compliance with an order made for that
purpose, if the claim is founded upon a judgment, except a judgment
obtained against the corporation under this article, until the
petitioner assigns the judgment to the corporation.

(b) After assignment the corporation shall be entitled to enforce the
judgment for the full amount with interest and costs. Money collected
on the judgment in excess of all amounts paid by the corporation shall
be paid to the judgment creditor.