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Texas Insurance Code

§ 463.158 — USE OF ASSESSMENTS

IN § 463.158Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION · Art. D. ASSESSMENTS

Statute text

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Money from assessments supplements the marshalling of an impaired insurer's assets to make payments on the insurer's behalf.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.