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Tex. Insurance Code § 463.113

BOARD REPORT AT CONCLUSION OF INSOLVENCY

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 463.113, BOARD REPORT AT CONCLUSION OF INSOLVENCY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677918
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(a) At the conclusion of an insurer insolvency in which the association was obligated to pay a covered claim, the board shall prepare and submit to the commissioner a report containing any information the board possesses concerning the history and causes of the insolvency. (b) The board: (1) shall cooperate with the boards of directors of guaranty associations in other states to prepare a report on the history and causes of the insolvency of a particular insurer; and (2) may adopt by reference a report prepared by any of those associations.