Texas § 2210.076 PAYMENT FROM STATE-FUNDED FINANCING ARRANGEMENTS.

Texas Statutes

§ 2210.076 — PAYMENT FROM STATE-FUNDED FINANCING ARRANGEMENTS.

Texas § 2210.076

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This text of Texas § 2210.076 (PAYMENT FROM STATE-FUNDED FINANCING ARRANGEMENTS.) 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. § 2210.076 (2026).

Text

Text of section effective until September 01, 2027 Sec. 2210.076. PAYMENT FROM STATE-FUNDED FINANCING ARRANGEMENTS.

(a)Notwithstanding the provisions of this subchapter to the contrary, the association may pay losses the association would otherwise pay as provided by Section 2210.072 , 2210.073 , or 2210.0741 by entering into financing arrangements with this state as provided by Subchapter M-1 of this code and Section 404.0242 , Government Code.

(b)Subchapter M-2 applies to the financing of losses under this section to the extent necessary to secure and repay a financing arrangement to the state that is entered into under Subchapter M-1.

(c)The association may enter into a financing arrangement that includes interest-bearing loans or other financial instruments with any market source to

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Text of section effective until September 01, 2027
Sec. 2210.076. PAYMENT FROM STATE-FUNDED FINANCING ARRANGEMENTS. (a) Notwithstanding the provisions of this subchapter to the contrary, the association may pay losses the association would otherwise pay as provided by Section 2210.072 , 2210.073 , or 2210.0741 by entering into financing arrangements with this state as provided by Subchapter M-1 of this code and Section 404.0242 , Government Code.
(b) Subchapter M-2 applies to the financing of losses under this section to the extent necessary to secure and repay a financing arrangement to the state that is entered into under Subchapter M-1.
(c) The association may enter into a financing arrangement that includes interest-bearing loans or other financial instruments with any market source to enable the association to pay losses secured by a financing arrangement with this state under Subchapter M-1.
SUBCHAPTER B-2. PAYMENT OF EXCESS LOSSES AND OPERATING EXPENSES

Legislative History

Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.08, eff. September 1, 2025. Repealed by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.17(1), eff. September 1, 2027.