Texas Insurance Code
§ 542.059 — EXTENSION OF DEADLINES
IN § 542.059Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 542. PROCESSING AND SETTLEMENT OF CLAIMS · Art. B. PROMPT PAYMENT OF CLAIMS
Statute text
View on source(a)A court may grant a request by a guaranty association for an extension of the periods under this subchapter on a showing of good cause and after reasonable notice to policyholders.
(b)In the event of a weather-related catastrophe or major natural disaster, as defined by the commissioner, the claim-handling deadlines imposed under this subchapter are extended for an additional 15 days.
Legislative history
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.