Texas § IN.2203.251 - DEFICIT RECOUPMENT
Full text of Texas The Texas Constitution § IN.2203.251 — DEFICIT RECOUPMENT, with citation guidance and answers to common questions.
§ IN.2203.251. DEFICIT RECOUPMENT
DEFICIT RECOUPMENT. (a) This section applies to a deficit sustained in a single year by the association with respect to: (1) physicians and health care providers, other than nursing homes and assisted living facilities; or (2) a nursing home or assisted living facility. (b) The deficit must be recouped in accordance with the plan of operation and the rating plan in effect when the deficit is sustained under one or more of the following procedures, in this sequence: (1) a contribution from the policyholder's stabilization reserve fund established under Section 2203.301 or the policyholder's stabilization reserve fund established under Section 2203.303 , as appropriate, until the respective fund is exhausted; (2) an assessment on the policyholders in accordance with Section 2203.252 ; or (3) an assessment on the members in accordance with Sections 2203.055 (c) and (d) and 2203.253 . Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Frequently Asked Questions About Texas § IN.2203.251
What does The Texas Constitution § IN.2203.251 cover?
Section IN.2203.251 ("DEFICIT RECOUPMENT") 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.2203.251?
A common citation format is "The Texas Constitution § IN.2203.251" (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.2203.251 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.