Texas Statutes
§ 463.259 — PREMIUM DUE DURING RECEIVERSHIP.
Texas § 463.259
JurisdictionTexas
Code INInsurance Code
This text of Texas § 463.259 (PREMIUM DUE DURING RECEIVERSHIP.) 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. § 463.259 (2026).
Text
Sec. 463.259. PREMIUM DUE DURING RECEIVERSHIP. After a court enters an order of receivership with respect to an impaired or insolvent insurer, a premium due for coverage issued by the insurer is owned by and is payable at the direction of the association. The association is liable for an unearned premium owed to a policy or contract owner that arises after the court enters the order.
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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.015(c), eff. September 1, 2007.
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.015(c), eff. September 1, 2007.
Nearby Sections
15
§ 463.001
SHORT TITLE.§ 463.002
PURPOSE.§ 463.003
GENERAL DEFINITIONS.§ 463.0032
USE OF TERMS POLICY AND CONTRACT.§ 463.004
CONSTRUCTION.§ 463.005
IMMUNITY.§ 463.006
RULES.§ 463.053
BOARD OF DIRECTORS.§ 463.055
TERM; VACANCY.§ 463.056
COMPENSATION OF BOARD MEMBERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 463.259, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/463.259.