Tex. Insurance Code § 827.004
This is the official text of Tex. Insurance Code § 827.004, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 827.004. PROVISIONS OF WITHDRAWAL PLAN.
Official statutory text
A withdrawal plan filed under Section 827.003 must:
(1) be constructed to protect the interests of the people of this state;
(2) indicate the dates on which the insurer intends to begin and to complete the plan; and
(3) provide for:
(A) meeting the insurer's contractual obligations;
(B) providing service to the insurer's policyholders and claimants in this state; and
(C) meeting any applicable statutory obligations, such as payment of assessments to the guaranty fund and participation in an assigned risk plan or joint underwriting arrangement.
(1) be constructed to protect the interests of the people of this state;
(2) indicate the dates on which the insurer intends to begin and to complete the plan; and
(3) provide for:
(A) meeting the insurer's contractual obligations;
(B) providing service to the insurer's policyholders and claimants in this state; and
(C) meeting any applicable statutory obligations, such as payment of assessments to the guaranty fund and participation in an assigned risk plan or joint underwriting arrangement.
Status: in_force · Read it on the official government site
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