Texas § IN.462.165 - ACCOUNTING
Full text of Texas The Texas Constitution § IN.462.165 — ACCOUNTING, with citation guidance and answers to common questions.
§ IN.462.165. ACCOUNTING
ACCOUNTING; REPORTS; REFUND. (a) The association, with respect to an impaired insurer, shall adopt accounting procedures that reflect the use of all money and shall make a final report of the use of the money to the commissioner. The final report must state any remaining balance from the money advanced to an impaired insurer for the payment of covered claims. (b) The association shall make interim accounting reports as required by the commissioner or requested by the conservator. (c) As soon as practicable after completion of the final report, the association shall refund by line of business the remaining balance of those advances to the association's accounts. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
Frequently Asked Questions About Texas § IN.462.165
What does The Texas Constitution § IN.462.165 cover?
Section IN.462.165 ("ACCOUNTING") 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.462.165?
A common citation format is "The Texas Constitution § IN.462.165" (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.462.165 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.