Tex. Ins. Code § 2211.103 · Subchapter C. INSURER PARTICIPATION IN FAIR PLAN
RECOMPUTATION OF REIMBURSEMENT RATIOS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a participating insurer fails to pay an assessment because of the insurer's insolvency, the association shall immediately recompute the reimbursement ratios to exclude from the ratios the amount of that assessment the commissioner determines is uncollectible, so that the uncollectible amount is assumed by and redistributed among the remaining participating insurers.
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.2211.htm
- Text hash
- sha256 b5edb29d0cde988a57e3bbf3346421a287985eb06d076110ade4431ea3cd79c1
- 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.