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Texas Insurance Code - Section 463.104. Association Records

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 463.104. Association Records

§ 463.104. ASSOCIATION RECORDS.  (a) The association 
shall maintain a record of each negotiation or meeting in which the 
association or the association's representative discusses the 
association's activities in carrying out the powers and duties 
under Section 463.101, 463.103, 463.109, or 463.111(c) or 
Subchapter F.
	(b)  A record under Subsection (a) may be made public only 
on:               
		(1)  termination of a liquidation, rehabilitation, or 
conservation proceeding involving the impaired or insolvent 
insurer;
		(2)  termination of the impairment or insolvency of the 
insurer;  or        
		(3)  order of a court.                                                        
	(c)  This section does not limit the association's duty to 
report on the association's activities as required by Section 
463.110.

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

Last modified: August 11, 2007