Texas § IN.464.002 - CONSTRUCTION AND PURPOSE
Full text of Texas The Texas Constitution § IN.464.002 — CONSTRUCTION AND PURPOSE, with citation guidance and answers to common questions.
§ IN.464.002. CONSTRUCTION AND PURPOSE
CONSTRUCTION AND PURPOSE. (a) The purpose of this chapter is to alleviate the financial hardship imposed on persons who are harmed by the sale of unauthorized insurance in this state. Persons who suffer damages as a result of unpaid claims on policies issued by unauthorized insurers in this state are not covered under guaranty acts, which provide protection to persons with claims against authorized insurers. The legislature finds that it is appropriate to provide additional remedies to these persons. (b) The commissioner's powers under this Act shall be liberally construed to support the purpose stated in Subsection (a). (c) This chapter does not limit the powers granted the commissioner under other provisions of law. The powers and authority of the commissioner under this chapter are cumulative and are in addition to all other powers and authority that are available to the commissioner. Added by Acts 2009, 81st Leg., R.S., Ch. 1026 (H.B. 4339 ), Sec. 1, eff. June 19, 2009.
Frequently Asked Questions About Texas § IN.464.002
What does The Texas Constitution § IN.464.002 cover?
Section IN.464.002 ("CONSTRUCTION AND PURPOSE") 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.464.002?
A common citation format is "The Texas Constitution § IN.464.002" (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.464.002 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.