{"data":{"id":"us-tx/tex.-insurance-code-463.002","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 463.002","heading":"PURPOSE.","body":"The purpose of this chapter is to protect, subject to certain limitations, a person specified by Section 463.201 against failure in the performance of a contractual obligation under a life, accident, health, or annuity policy, plan, or contract with respect to which this chapter provides coverage as determined under Subchapter E, because of the impairment or insolvency of the member insurer that issued the policy, plan, or contract.\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. 432 (S.B. 1153), Sec. 1, eff. September 1, 2019.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE D. GUARANTY ASSOCIATIONS","CHAPTER 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.463.htm#463.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"e098ce7926c1b1c14d78192a2815a70adccdffe45c220f0dfc983c1b78a8e9b8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-463.001","next":"us-tx/tex.-insurance-code-463.003"},"notice":"GroundRules: Original legal text. Not legal advice."}