Tex. Ins. Code § 2210.053 · Subchapter B. ADMINISTRATION OF ASSOCIATION
OPERATION OF ASSOCIATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In accordance with this chapter and the plan of operation, and with respect to insurance on insurable property, the association, on behalf of the association's members, may:
(1) cause issuance of insurance policies to applicants for insurance coverage;
(2) assume reinsurance from the members;
(3) cede reinsurance to the members; and
(4) purchase reinsurance on behalf of the members.
(b) The department may develop programs to improve the efficient operation of the association, including a program for approving policy forms under Section 2301.010 and a program designed to create incentives for insurers to write windstorm and hail insurance voluntarily to cover property located in a catastrophe area, especially property located on the barrier islands of this state.
(c) The association may not be considered a debtor authorized to file a petition or seek relief in bankruptcy under Title 11, United States Code.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 6, eff. September 28, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm
- Text hash
- sha256 96db4a4c08e0c266b913dac8d2f2fe7f6be3f374e87042dd5db4976e91557676
- 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
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