Tex. Insurance Code § 462.102
This is the official text of Tex. Insurance Code § 462.102, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 462.102. ASSOCIATION NOT IN PLACE OF IMPAIRED INSURER.
Official statutory text
In performing the association's statutory obligations under this chapter, the association is not considered:
(1) to be engaged in the business of insurance;
(2) to have assumed or succeeded to a liability of the impaired insurer; or
(3) to otherwise stand in the place of the impaired insurer for any purpose, including for the purpose of determining whether the association is subject to personal jurisdiction of the courts of another state.
(1) to be engaged in the business of insurance;
(2) to have assumed or succeeded to a liability of the impaired insurer; or
(3) to otherwise stand in the place of the impaired insurer for any purpose, including for the purpose of determining whether the association is subject to personal jurisdiction of the courts of another state.
Status: in_force · Read it on the official government site
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