Texas § IN.463.253 - INSOLVENT INSURER

Full text of Texas The Texas Constitution § IN.463.253 — INSOLVENT INSURER, with citation guidance and answers to common questions.

§ IN.463.253. INSOLVENT INSURER

INSOLVENT INSURER. (a) This section applies only to a member insurer that is an insolvent insurer. (b) The association shall provide money, pledges, guarantees, or other means reasonably necessary to discharge the insurer's duties and to: (1) guarantee, assume, reissue, or reinsure, or cause to be guaranteed, assumed, reissued, or reinsured, the insurer's policies or contracts; or (2) ensure payment of the insurer's contractual obligations. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007. Amended by: Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153 ), Sec. 18, eff. September 1, 2019.

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Frequently Asked Questions About Texas § IN.463.253

What does The Texas Constitution § IN.463.253 cover?

Section IN.463.253 ("INSOLVENT INSURER") 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.463.253?

A common citation format is "The Texas Constitution § IN.463.253" (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.463.253 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.