Tex. Insurance Code § 463.051
This is the official text of Tex. Insurance Code § 463.051, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 463.051. PURPOSE AND REGULATION OF ASSOCIATION.
Official statutory text
(a) The Texas Life and Health Insurance Guaranty Association is a nonprofit legal entity existing to pay benefits and continue coverage as provided by this chapter.
(b) The association is subject to the applicable provisions of this code and other insurance laws of this state and the immediate supervision of the commissioner. The commissioner may examine and regulate the association in the same manner as an insurer under this code.
(b) The association is subject to the applicable provisions of this code and other insurance laws of this state and the immediate supervision of the commissioner. The commissioner may examine and regulate the association in the same manner as an insurer under this code.
Status: in_force · Read it on the official government site
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