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Texas Insurance Code - Section 442.051. Receiver

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 442.051. Receiver

§ 442.051. RECEIVER. If, under a law of this state, a court of competent jurisdiction finds that a receiver should take charge of the assets of an insurer domiciled in this state, the commissioner or a person appointed as a special deputy receiver by the commissioner under a contract shall act as receiver. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 10, 2007