Texas Statutes

§ 1501.326 — DEFERMENT OF ASSESSMENT.

Texas § 1501.326
JurisdictionTexas
Code INInsurance Code

This text of Texas § 1501.326 (DEFERMENT OF ASSESSMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Insurance Code Code Ann. § 1501.326 (2026).

Text

Sec. 1501.326. DEFERMENT OF ASSESSMENT.

(a)A reinsured health benefit plan issuer may petition the commissioner for a deferment in whole or in part of an assessment imposed by the board.
(b)The commissioner may defer all or part of the assessment if the commissioner determines that payment of the assessment would endanger the ability of the reinsured health benefit plan issuer to fulfill its contractual obligations.
(c)The board shall assess the amount of a deferred assessment against other reinsured health benefit plan issuers in a manner consistent with the basis for assessment established by this subchapter.
(d)A reinsured health benefit plan issuer that receives a deferment:
(1)is liable to the system for the amount deferred; and
(2)until the issuer pays the outstanding assessmen

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Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.

Nearby Sections

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Bluebook (online)
Texas § 1501.326, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1501.326.