Texas § IN.2602.254 - CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED
Full text of Texas The Texas Constitution § IN.2602.254 — CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED, with citation guidance and answers to common questions.
§ IN.2602.254. CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED
CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED. Reasonable and necessary administrative expenses incurred by a conservator appointed by the commissioner or a receiver appointed by a court for an unauthorized insurer operating in this state are covered claims if the commissioner has notified the association or the association has otherwise become aware that: (1) the unauthorized insurer has insufficient liquid assets to pay those expenses; and (2) insufficient money is available from: (A) abandoned money under Section 443.304 ; and (B) department appropriations for use in paying those expenses. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2I.007, eff. April 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2602.254
What does The Texas Constitution § IN.2602.254 cover?
Section IN.2602.254 ("CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2602.254?
A common citation format is "The Texas Constitution § IN.2602.254" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2602.254 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.