Tex. Insurance Code § 2054.153: MEMBERSHIP IN TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE E. WORKERS' COMPENSATION INSURANCE
- CHAPTER 2054. TEXAS MUTUAL INSURANCE COMPANY
- SUBCHAPTER D. OPERATION OF COMPANY; FINANCIAL ADMINISTRATION
(a) In this section, "association" means the Texas Property and Casualty Insurance Guaranty Association.
(b) The company is:
(1) a member of and protected by the association; and
(2) subject to assessment under Chapter 462.
(c) Notwithstanding Subsection (b), the company is liable only for an assessment by the association regarding a claim with a date of injury occurring on or after January 1, 2000, and the association, with respect to an insolvency of the company, is liable only for a claim with a date of injury occurring on or after that date.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON