Texas Insurance Code - Section 463.154. Deferment
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§ 463.154. DEFERMENT. The association may wholly or
partly defer an assessment of a member insurer if the association
believes payment of the assessment would endanger the ability of
the insurer to fulfill the insurer's contractual obligations. The
amount of the assessment that is deferred may be assessed against
the other member insurers in a manner consistent with this
subchapter.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 463.111 463.112 463.113 463.114 463.151 463.152 463.153 463.154 463.155 463.156 463.157 463.158 463.159 463.160 463.161
Last modified: August 10, 2007
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