Texas § IN.443.351 - CONDITION ON RELEASE FROM DELINQUENCY PROCEEDINGS
Full text of Texas The Texas Constitution § IN.443.351 — CONDITION ON RELEASE FROM DELINQUENCY PROCEEDINGS, with citation guidance and answers to common questions.
§ IN.443.351. CONDITION ON RELEASE FROM DELINQUENCY PROCEEDINGS
CONDITION ON RELEASE FROM DELINQUENCY PROCEEDINGS. Until all payments of or on account of the insurer's contractual obligations by all guaranty associations, along with all expenses of the obligations and interest on all the payments and expenses, are repaid to the guaranty associations, unless otherwise provided in a plan approved by the guaranty association, an insurer that is subject to any formal delinquency proceedings may not: (1) solicit or accept new business or request or accept the restoration of any suspended or revoked license or certificate of authority; (2) be returned to the control of its shareholders or private management; or (3) have any of its assets returned to the control of its shareholders or private management. Added by Acts 2005, 79th Leg., Ch. 995 (H.B. 2157 ), Sec. 1, eff. September 1, 2005. Redesignated from Insurance Code - Not Codified, Art/Sec 21A.351 by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 3B.004(a)(1), eff. September 1, 2007. Redesignated from Insurance Code - Not Codified, Art/Sec 21A.351 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.004(a)(1), eff. September 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.443.351
What does The Texas Constitution § IN.443.351 cover?
Section IN.443.351 ("CONDITION ON RELEASE FROM 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.443.351?
A common citation format is "The Texas Constitution § IN.443.351" (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.443.351 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.