Tex. Ins. Code § 463.111 · Subchapter C. GENERAL POWERS AND DUTIES OF ASSOCIATION
BOARD AND ASSOCIATION ADVICE AND ASSISTANCE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On a majority vote, the board may report and make recommendations to the commissioner on any matter germane to:
(1) the solvency, liquidation, rehabilitation, or conservation of a member insurer; or
(2) the solvency of an insurer seeking to engage in the business of insurance in this state.
(b) A report or recommendation under Subsection (a) is not a public document, and Chapter 552, Government Code, does not apply to the report or recommendation until the insurer that is the subject of the report or recommendation is designated as impaired.
(c) On the commissioner's request, the association may assist and advise the commissioner concerning rehabilitation, payment of claims, continuation of coverage, or the performance of other contractual obligations of an impaired or insolvent insurer.
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.463.htm
- Text hash
- sha256 a5e137e8ce1f44e9582d791d62f6188ddc19a9113894184c4a9fa70747f972f6
- 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.
Cited by 4 provisions
Provisions in this library whose text cites Tex. Ins. Code § 463.111. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 443.301PRIORITY OF DISTRIBUTION.Printed as Section 462.002(3), 463.108, 463.111, 463.113, 463.353, or 2602.113
- Tex. Ins. Code § 463.104ASSOCIATION RECORDS.Printed as Section 463.101, 463.103, 463.109, or 463.111(c)
- Tex. Ins. Code § 463.152CLASSES OF ASSESSMENTS.Printed as Sections 463.101, 463.103, 463.109, and 463.111(c)
- Tex. Ins. Code § 463.302DISTRIBUTIONS TO SHAREHOLDERS AND AFFILIATES.Printed as Section 463.101, 463.103, 463.109, or 463.111(c)
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.