Tex. Ins. Code § 463.356

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

Section 463.356 - Assumption of Powers and Duties of Association

The commissioner may assume the powers and duties of the association under this chapter with respect to impaired or insolvent insurers if the association does not within a reasonable period act as provided by:

(1) Section 463.252(b)(2);

(2) Section 463.253; and

(3) Section 463.254.

Tex. Ins. Code § 463.356

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.