Tex. Insurance Code § 463.356

This is the official text of Tex. Insurance Code § 463.356, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 463.356. ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION.

Official statutory text

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.

Status: in_force · Read it on the official government site

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