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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 464.003: DEFINITIONS.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 4. REGULATION OF SOLVENCY
  3. SUBTITLE D. GUARANTY ASSOCIATIONS
  4. CHAPTER 464. UNAUTHORIZED INSURANCE GUARANTY FUND ACT
  5. SUBCHAPTER A. GENERAL PROVISIONS

In this chapter:

(1) "Delinquency proceeding" has the meaning assigned by Section 443.004.

(2) "Fund" means the unauthorized insurance guaranty fund.

(3) "Fund account" means the account established for the deposit of money held by the fund.

(4) "Policy claim" means an obligation incurred under a contract or policy of insurance issued by an unauthorized insurer as described by Chapter 101. The term does not include claims under reinsurance contracts or claims of other creditors.

(5) "Receiver" means the receiver of an unauthorized insurer in a delinquency proceeding, including the commissioner when acting in that capacity, or a special deputy receiver.

(6) "Unauthorized insurer" has the meaning assigned by Section 443.004.

Added by Acts 2009, 81st Leg., R.S., Ch. 1026 (H.B. 4339), Sec. 1, eff. June 19, 2009.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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