Texas § IN.843.407 - RECEIVERSHIP AND DELINQUENCY PROCEEDINGS
Full text of Texas The Texas Constitution § IN.843.407 — RECEIVERSHIP AND DELINQUENCY PROCEEDINGS, with citation guidance and answers to common questions.
§ IN.843.407. RECEIVERSHIP AND DELINQUENCY PROCEEDINGS
RECEIVERSHIP AND DELINQUENCY PROCEEDINGS. (a) In addition to all other remedies available by law, if the commissioner believes that a health maintenance organization or another person is insolvent or does not maintain the net worth required under Sections 843.403 , 843.4031, and 843.404 , the commissioner may bring an action in a Travis County district court to be named receiver in accordance with Section 843.157 and Chapter 443 . (b) The court may: (1) find that a receiver should take charge of the assets of the health maintenance organization; and (2) name the commissioner as the receiver of the health maintenance organization in accordance with Section 843.157 and Chapter 443 . (c) The operations and business of a health maintenance organization represent the business of insurance for purposes of Section 843.157 and Chapters 441 and 443 . (d) Exclusive venue of receivership and delinquency proceedings for a health maintenance organization is in Travis County. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2E.051, eff. April 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.843.407
What does The Texas Constitution § IN.843.407 cover?
Section IN.843.407 ("RECEIVERSHIP AND DELINQUENCY PROCEEDINGS") 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.843.407?
A common citation format is "The Texas Constitution § IN.843.407" (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.843.407 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.