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Texas Insurance Code - Section 462.113. Board Report On Conclusion Of Insolvency

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 462.113. Board Report On Conclusion Of Insolvency

§ 462.113. BOARD REPORT ON CONCLUSION OF INSOLVENCY.  On 
the conclusion of the insolvency of a domestic insurer with respect 
to which the association was obligated to pay covered claims, the 
board may:
		(1)  prepare a report on the history and causes of the 
insolvency, based on information available to the association;  and
		(2)  submit the report to the commissioner.                                   

Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.           

Last modified: August 10, 2007