Tex. Ins. Code § 463.255 · Subchapter F. POWERS AND DUTIES OF ASSOCIATION RELATING TO IMPAIRED OR INSOLVENT INSURER
POLICY OR CONTRACT WITH GUARANTEED INTEREST RATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In taking an action under Section 463.252(b)(2) or 463.253 with respect to a policy or contract with a guaranteed minimum interest rate, the association shall ensure the payment or crediting of a rate of interest consistent with Section 463.203(b)(3).
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 275ae82df066ff3d58e1bc6c6c736b216bc9cf24754944a40ec2e9be35397daa
- 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.
Insurance Code
- Tex. Ins. Code § 463.203POLICIES AND CONTRACTS EXCLUDED.Printed as Section 463.203(b)(3)
- Tex. Ins. Code § 463.252IMPAIRED DOMESTIC, FOREIGN, OR ALIEN INSURER NOT PAYING CLAIMS.Printed as Section 463.252(b)(2) or 463.253
- Tex. Ins. Code § 463.253INSOLVENT INSURER.Printed as Section 463.252(b)(2) or 463.253
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.