Sec. 462.104. NOTICE TO INSUREDS. (a) The commissioner may require that the association notify an impaired insurer's insureds and any other interested parties of:
(1) the designation of impairment; and
(2) the insureds' and other parties' rights under this chapter.
(b) The association shall give notice as the commissioner directs under this section. The association shall mail the notice to the last known address, if available. If sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation is sufficient notice.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Section: Previous 462.056 462.057 462.058 462.059 462.101 462.102 462.103 462.104 462.105 462.106 462.107 462.108 462.109 462.110 462.111 NextLast modified: September 28, 2016