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Texas Insurance Code - Section 463.156. Certificate Of Contribution

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 463.156. Certificate Of Contribution

§ 463.156. CERTIFICATE OF CONTRIBUTION.  The association 
shall issue to each member insurer that pays a Class B assessment a 
certificate of contribution, in a form the commissioner prescribes, 
for the amount paid.  All outstanding certificates are of equal 
priority regardless of the amount of the assessment paid or the date 
the certificate is issued.

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

Last modified: August 10, 2007