Texas § IN.228.353 - INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED

Full text of Texas The Texas Constitution § IN.228.353 — INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED, with citation guidance and answers to common questions.

§ IN.228.353. INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED

INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED. (a) A certified capital company may agree to indemnify, or purchase insurance for the benefit of, a certified investor for losses resulting from the recapture or forfeiture of premium tax credits under Section 228.351 . (b) Any guaranty, indemnity, bond, insurance policy, or other payment undertaking made under this section may not be provided by more than one certified investor of the certified capital company or affiliate of the certified investor. Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 1B.001, eff. April 1, 2009.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § IN.228.353

What does The Texas Constitution § IN.228.353 cover?

Section IN.228.353 ("INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED") 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.228.353?

A common citation format is "The Texas Constitution § IN.228.353" (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.228.353 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.