Texas Insurance Code - Section 463.002. Purpose
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§ 463.002. PURPOSE. The purpose of this chapter is to
protect, subject to certain limitations, a person specified by
Section 463.201 against failure in the performance of a contractual
obligation under a life, accident, or health insurance policy or
annuity contract with respect to which this chapter provides
coverage as determined under Subchapter E, because of the
impairment or insolvency of the member insurer that issued the
policy or contract.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 462.307 462.308 462.309 462.310 462.311 462.351 463.001 463.002 463.003 463.004 463.005 463.006 463.051 463.052 463.053
Last modified: August 11, 2007
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