Tex. Ins. Code § 2054.153 · Subchapter D. OPERATION OF COMPANY; FINANCIAL ADMINISTRATION
MEMBERSHIP IN TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "association" means the Texas Property and Casualty Insurance Guaranty Association.
(b) The company is:
(1) a member of and protected by the association; and
(2) subject to assessment under Chapter 462.
(c) Notwithstanding Subsection (b), the company is liable only for an assessment by the association regarding a claim with a date of injury occurring on or after January 1, 2000, and the association, with respect to an insolvency of the company, is liable only for a claim with a date of injury occurring on or after that date.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2054.htm
- Text hash
- sha256 5a3898d2565dddd9e32d0ded20ccc405339c8b606512a8e3bf9961d894b9068c
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.