{"data":{"id":"us-tx/tex.-insurance-code-2210.082","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2210.082","heading":"PAYMENT FROM RESERVES AND TRUST FUND; STATE-FUNDED FINANCING ARRANGEMENTS.","body":"(a) The association shall pay insured losses and operating expenses resulting from an occurrence or series of occurrences in a catastrophe year in excess of premium and other revenue of the association for that catastrophe year from reserves of the association available before or accrued during that catastrophe year and amounts in the catastrophe reserve trust fund available before or accrued during that catastrophe year.\n(b) For insured losses and operating expenses for a catastrophe year not paid under Subsection (a), the association shall arrange for financing of not more than $1 billion through one or more financing arrangements entered into with the state as provided by Subchapter M-1 of this code and Section 404.0242, Government Code.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.09, eff. September 1, 2025.","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-2. PAYMENT OF EXCESS LOSSES AND OPERATING EXPENSES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm#2210.082","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"0b0b319ffabee19cfe4ce68b321857e0224119d3ae7978019bad823f50432ccb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2210.081","next":"us-tx/tex.-insurance-code-2210.083"},"notice":"GroundRules: Original legal text. Not legal advice."}