Texas Insurance Code

§ 493.055 — LIMITATION ON RIGHTS AGAINST REINSURER

IN § 493.055Title 4. REGULATION OF SOLVENCY · Part F. REINSURANCE · Ch. 493. AUTHORIZED REINSURANCE; CREDIT AND ACCOUNTING · Art. B. REINSURANCE

A person does not have a right against a reinsurer that is not specifically stated in:

(1)the reinsurance contract; or

(2)a specific agreement between the reinsurer and the person.

Legislative history

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