Tex. Ins. Code § 887.206 · Subchapter E. POWERS AND DUTIES RELATING TO INSURANCE AND COVERAGES
PAYMENT OF CLAIM; PROOF OF CLAIM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An association shall pay each claim under an insurance certificate in full not later than the 60th day after the date of receipt of due proof of claim.
(b) Written notice of a claim given to an association is considered due proof of claim if the association does not provide the claimant with the forms usually provided for filing claims before the 16th day after the date notice is received.
(c) If an association is unable to pay a valid claim in full within the time prescribed by Subsection (a), the commissioner shall treat the association as insolvent.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.887.htm
- Text hash
- sha256 8469e9a42f94c9a02c4244e9ea55ccb52a7ec6f3687138e8419e78e695418804
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 887.206. Each shows the citation as that text prints it.
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.