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Tex. Insurance Code § 463.356

ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 463.356, ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677967
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The commissioner may assume the powers and duties of the association under this chapter with respect to impaired or insolvent insurers if the association does not within a reasonable period act as provided by: (1) Section 463.252(b)(2); (2) Section 463.253; and (3) Section 463.254.