Texas § IN.463.257 - IMPOSITION OF LIEN OR MORATORIUM
Full text of Texas The Texas Constitution § IN.463.257 — IMPOSITION OF LIEN OR MORATORIUM, with citation guidance and answers to common questions.
§ IN.463.257. IMPOSITION OF LIEN OR MORATORIUM
IMPOSITION OF LIEN OR MORATORIUM. To carry out the association's duties under this chapter and with the court's approval, the association may: (1) impose a permanent policy or contract lien in connection with any guarantee, assumption, or reinsurance agreement if the association determines that: (A) the amounts that may be assessed under this chapter are insufficient to ensure full and prompt performance of the association's duties under this chapter; or (B) adverse economic or financial conditions affecting member insurers make imposition of the lien in the public interest; or (2) in addition to any contractual provision for deferral of cash or policy loan value, impose a temporary moratorium or lien on payment of cash values and policy loans or the exercise of any other right to withdraw money held in connection with a policy or contract. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.463.257
What does The Texas Constitution § IN.463.257 cover?
Section IN.463.257 ("IMPOSITION OF LIEN OR MORATORIUM") 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.463.257?
A common citation format is "The Texas Constitution § IN.463.257" (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.463.257 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.