Texas § 463.051 PURPOSE AND REGULATION OF ASSOCIATION.

Texas Statutes

§ 463.051 — PURPOSE AND REGULATION OF ASSOCIATION.

Texas § 463.051

Code INInsurance Code

This text of Texas § 463.051 (PURPOSE AND REGULATION OF ASSOCIATION.) 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. § 463.051 (2026).

Text

Sec. 463.051. PURPOSE AND REGULATION OF ASSOCIATION.

(a)The Texas Life and Health Insurance Guaranty Association is a nonprofit legal entity existing to pay benefits and continue coverage as provided by this chapter.

(b)The association is subject to the applicable provisions of this code and other insurance laws of this state and the immediate supervision of the commissioner. The commissioner may examine and regulate the association in the same manner as an insurer under this code.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 463.051. PURPOSE AND REGULATION OF ASSOCIATION. (a) The Texas Life and Health Insurance Guaranty Association is a nonprofit legal entity existing to pay benefits and continue coverage as provided by this chapter.
(b) The association is subject to the applicable provisions of this code and other insurance laws of this state and the immediate supervision of the commissioner. The commissioner may examine and regulate the association in the same manner as an insurer under this code.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 3B.014(a), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.014(a), eff. September 1, 2007. Acts 2011, 82nd Leg., R.S., Ch. 14 (S.B. 567 ), Sec. 4, eff. September 1, 2011.