Tex. Ins. Code § 2210.083 · Subchapter B-2. PAYMENT OF EXCESS LOSSES AND OPERATING EXPENSES
PAYMENT FROM MEMBER ASSESSMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Insured losses and operating expenses for a catastrophe year not paid under Section 2210.082 shall be paid as provided by this section from member assessments not to exceed $1 billion for that catastrophe year.
(b) The board of directors shall notify each association member of the amount of the member's assessment under this section. The proportion of the insured losses and operating expenses allocable to each insurer under this section shall be determined in the manner used to determine each insurer's participation in the association for the year under Section 2210.052.
(c) An association member may not recoup an assessment paid under this section through a premium surcharge or tax credit.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.09, eff. September 1, 2025.
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 db357cba5750fe07b078a1735e58e830a4d0c533f732eaa89699d3590a56dbcd
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.