{"data":{"id":"us-tx/tex.-insurance-code-2210.075","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2210.075","heading":"REINSURANCE BY MEMBERS.","body":"Text of section effective until September 01, 2027\n(a) Before any occurrence or series of occurrences, an insurer may elect to purchase reinsurance to cover an assessment for which the insurer would otherwise be liable under this subchapter.\n(b) An insurer must notify the board of directors, in the manner prescribed by the association whether the insurer will be purchasing reinsurance. If the insurer does not elect to purchase reinsurance under this section, the insurer remains liable for any assessment imposed under this subchapter.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 1408 (H.B. 4409), Sec. 16, eff. June 19, 2009.\nAmended by:\nActs 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 14, eff. September 28, 2011.\nActs 2015, 84th Leg., R.S., Ch. 615 (S.B. 900), Sec. 11, eff. September 1, 2015.\nActs 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.07, eff. September 1, 2025.\nRepealed by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.17(1), eff. September 1, 2027.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2210. TEXAS WINDSTORM INSURANCE ASSOCIATION","SUBCHAPTER B-1. PAYMENT OF LOSSES INCURRED BEFORE JANUARY 1, 2026"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm#2210.075","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"52655198121a411628e4d7c79d4facb194fea3c8dc0c6a194a564495f1c6451f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2210.0742","next":"us-tx/tex.-insurance-code-2210.076"},"notice":"GroundRules: Original legal text. Not legal advice."}