Tex. Ins. Code § 2210.6165
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If public securities issued under this subchapter are outstanding, the rights and interests of the association, a successor to the association, any member of the association, or any member of the Texas FAIR Plan Association, including the right to impose, collect, and receive a premium surcharge authorized under this subchapter, are only contract rights until those revenues are first pledged for the repayment of the association's public security obligations as provided by Section 2210.609.
Tex. Ins. Code § 2210.6165