Sec. 2210.071. PAYMENT OF EXCESS LOSSES. If, in a catastrophe year, an occurrence or series of occurrences in a catastrophe area results in insured losses and operating expenses of the association in excess of premium and other revenue of the association, the excess losses and operating expenses shall be paid as provided by this subchapter.
Added by Acts 2009, 81st Leg., R.S., Ch. 1408 (H.B. 4409), Sec. 16, eff. June 19, 2009.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 10, eff. September 28, 2011.
Acts 2015, 84th Leg., R.S., Ch. 615 (S.B. 900), Sec. 5, eff. September 1, 2015.
Section: Previous 2210.056 2210.057 2210.058 2210.059 2210.060 2210.061 2210.062 2210.071 2210.0715 2210.072 2210.0725 2210.073 2210.074 2210.0741 2210.0742 NextLast modified: September 28, 2016