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Texas Insurance Code - Section 463.255. Policy Or Contract With Guaranteed Interest Rate

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 463.255. Policy Or Contract With Guaranteed Interest Rate

§ 463.255. POLICY OR CONTRACT WITH GUARANTEED INTEREST 
RATE.  In taking an action under Section 463.252(b)(2) or 463.253 
with respect to a policy or contract with a guaranteed minimum 
interest rate, the association shall ensure the payment or 
crediting of a rate of interest consistent with Section 
463.203(b)(3).

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

Last modified: August 10, 2007