Texas Insurance Code - Section 462.102. Association Not In Place Of Impaired Insurer
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§ 462.102. ASSOCIATION NOT IN PLACE OF IMPAIRED
INSURER. In performing the association's statutory obligations
under this chapter, the association is not considered:
(1) to be engaged in the business of insurance;
(2) to have assumed or succeeded to a liability of the
impaired insurer; or
(3) to otherwise stand in the place of the impaired
insurer for any purpose, including for the purpose of determining
whether the association is subject to personal jurisdiction of the
courts of another state.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 462.054 462.055 462.056 462.057 462.058 462.059 462.101 462.102 462.103 462.104 462.105 462.106 462.107 462.108 462.109
Last modified: August 11, 2007
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