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Texas Insurance Code - Not Codified - Section 21A.059. Effect Of Petition Or Order On Contract Or Lease

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Sec. 21A.059. EFFECT OF PETITION OR ORDER ON CONTRACT OR LEASE. Neither the filing of a petition under this chapter nor the entry of any order of seizure, rehabilitation, or liquidation constitutes a breach or an anticipatory breach of any contract or lease of the insurer. Added by Acts 2005, 79th Leg., ch. 995, Sec. 1, eff. Sept. 1, 2005.

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Last modified: August 11, 2007