Tex. Ins. Code § 463.154

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 463.154 - Deferment

The association may wholly or partly defer an assessment on a member insurer if the association believes payment of the assessment would endanger the ability of the insurer to fulfill the insurer's contractual obligations. The amount of the assessment that is deferred may be assessed against the other member insurers in a manner consistent with this subchapter.

Tex. Ins. Code § 463.154

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 432,Sec. 12, eff. 9/1/2019.
Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.