{"data":{"id":"us-tx/tex.-insurance-code-462.304","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 462.304","heading":"SERVICING FACILITY.","body":"(a) The association shall handle claims through:\n(1) the association's employees or contract claims adjusters; or\n(2) subject to the approval of the commissioner, one or more insurers designated as a servicing facility under a servicing agreement or loss portfolio transfer agreement.\n(b) A member insurer may decline designation as a servicing facility.\n(c) The association shall reimburse a servicing facility for obligations of the association paid by the facility and expenses incurred by the facility in handling claims for the association. The association shall reimburse a servicing facility under this subsection in a manner that is consistent with the applicable servicing agreement or loss portfolio agreement.\n(d) The commissioner may revoke the designation of a servicing facility if the commissioner finds that servicing facility is handling claims unsatisfactorily.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 343 (S.B. 1063), Sec. 7, eff. September 1, 2019.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE D. GUARANTY ASSOCIATIONS","CHAPTER 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER G. ASSOCIATION POWERS AND DUTIES RELATING TO COVERED CLAIMS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.462.htm#462.304","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"75f6885dbaabcd5bb903089b3933fb4e18be4f8e563b9603096c0c5dc235cbdf","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-462.303","next":"us-tx/tex.-insurance-code-462.305"},"notice":"GroundRules: Original legal text. Not legal advice."}
