Texas Insurance Code

§ 463.101 — GENERAL POWERS AND DUTIES

IN § 463.101Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION · Art. C. GENERAL POWERS AND DUTIES OF ASSOCIATION

Statute text

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(a)The association may:

(1)enter into contracts as necessary or proper to carry out this chapter and the purposes of this chapter;

(2)sue or be sued, including taking:

(A)necessary or proper legal action to:

(i)recover an unpaid assessment under Subchapter D; or

(ii)settle a claim or potential claim against the association; or

…

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.015(a), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.015(a), eff. September 1, 2007. Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153), Sec. 7, eff. September 1, 2019.