Texas § 2210.636 STATE NOT TO IMPAIR FINANCING ARRANGEMENT OBLIGATION.

Texas Statutes

§ 2210.636 — STATE NOT TO IMPAIR FINANCING ARRANGEMENT OBLIGATION.

Texas § 2210.636

Code INInsurance Code

This text of Texas § 2210.636 (STATE NOT TO IMPAIR FINANCING ARRANGEMENT OBLIGATION.) 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. § 2210.636 (2026).

Text

Sec. 2210.636. STATE NOT TO IMPAIR FINANCING ARRANGEMENT OBLIGATION. The state pledges for the benefit and protection of financing parties that the state will not take or permit any action that would:

(1)impair the collection of premium surcharges or the deposit of that money into the applicable fund;

(2)reduce, alter, or impair the premium surcharges to be imposed, collected, and remitted to financing parties until the principal, interest, and premium and any other charges incurred and contracts to be performed in connection with the related financing arrangement obligations have been paid and performed in full; or

(3)in any way impair the rights and remedies of the parties to a financing arrangement entered into under Section 2210.632 before the financing arrangement is fully discharg

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Sec. 2210.636. STATE NOT TO IMPAIR FINANCING ARRANGEMENT OBLIGATION. The state pledges for the benefit and protection of financing parties that the state will not take or permit any action that would:
(1) impair the collection of premium surcharges or the deposit of that money into the applicable fund;
(2) reduce, alter, or impair the premium surcharges to be imposed, collected, and remitted to financing parties until the principal, interest, and premium and any other charges incurred and contracts to be performed in connection with the related financing arrangement obligations have been paid and performed in full; or
(3) in any way impair the rights and remedies of the parties to a financing arrangement entered into under Section 2210.632 before the financing arrangement is fully discharged.