Texas Insurance Code - Section 463.051. Purpose And Regulation Of Association
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§ 463.051. PURPOSE AND REGULATION OF ASSOCIATION. (a)
The Life, Accident, Health, and Hospital Service Insurance Guaranty
Association is a nonprofit legal entity existing to pay benefits
and continue coverage as provided by this chapter.
(b) The association is subject to the applicable provisions
of this code and other insurance laws of this state and the
immediate supervision of the commissioner. The commissioner may
examine and regulate the association in the same manner as an
insurer under this code.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 462.351 463.001 463.002 463.003 463.004 463.005 463.006 463.051 463.052 463.053 463.054 463.055 463.056 463.057 463.058
Last modified: August 10, 2007
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