{"data":{"id":"us-tx/tex.-insurance-code-462.159","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 462.159","heading":"ESTIMATE OF ADDITIONAL MONEY NEEDED ON IMPAIRMENT OF INSURER.","body":"(a) If the commissioner determines that an insurer has become an impaired insurer, the association shall promptly estimate the amount of additional money, by lines of business, needed to supplement the immediately available assets of the impaired insurer to pay covered claims.\n(b) The board shall make additional money available as the actual need arises for each impaired insurer.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE D. GUARANTY ASSOCIATIONS","CHAPTER 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER D. ASSESSMENTS IN GENERAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.462.htm#462.159","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"43f7344ad2c302febe5f967b858576420ef4e0cf9b89f683d1a42f84dd3560d8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-462.158","next":"us-tx/tex.-insurance-code-462.160"},"notice":"GroundRules: Original legal text. Not legal advice."}
