Texas Insurance Code - Section 442.102. Rights And Liabilities Established As Of Date Delinquency Proceeding Begins
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§ 442.102. RIGHTS AND LIABILITIES ESTABLISHED AS OF DATE
DELINQUENCY PROCEEDING BEGINS. Except as otherwise directed by
the court or expressly provided by this chapter, the rights and
liabilities of an insurer that is the subject of a delinquency
proceeding and of all other persons interested in the insurer's
estate, including the insurer's creditors, policyholders, members,
officers, directors, shareholders, and agents, are fixed as of the
date of the commencement of the delinquency proceeding, subject to
the provisions of Subchapter E relating to the rights of claimants
holding unliquidated or undetermined claims or demands.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 442.051 442.052 442.053 442.054 442.055 442.056 442.101 442.102 442.103 442.104 442.105 442.106 442.107 442.108 442.109
Last modified: August 11, 2007
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