Tex. Ins. Code § 462.102 · Subchapter C. GENERAL POWERS AND DUTIES OF ASSOCIATION
ASSOCIATION NOT IN PLACE OF IMPAIRED INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In performing the association's statutory obligations under this chapter, the association is not considered:
(1) to be engaged in the business of insurance;
(2) to have assumed or succeeded to a liability of the impaired insurer; or
(3) to otherwise stand in the place of the impaired insurer for any purpose, including for the purpose of determining whether the association is subject to personal jurisdiction of the courts of another state.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, 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.462.htm
- Text hash
- sha256 0029b6c254042006979c05f32d6d2e1eb5efcecc99a0de4bd9ee87bd85c54413
- 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.