{"data":{"id":"us-tx/tex.-insurance-code-463.259","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 463.259","heading":"PREMIUM DUE DURING RECEIVERSHIP.","body":"After a court enters an order of receivership with respect to an impaired or insolvent insurer, a premium due for coverage issued by the insurer is owned by and is payable at the direction of the association. The association is liable for an unearned premium owed to a policy or contract owner that arises after the court enters the order.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.015(c), eff. September 1, 2007.\nActs 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.015(c), eff. September 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE D. GUARANTY ASSOCIATIONS","CHAPTER 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER F. POWERS AND DUTIES OF ASSOCIATION RELATING TO IMPAIRED OR INSOLVENT INSURER"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.463.htm#463.259","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"d83449bcd86a3254750baba20d4e69a2e2e9db90ebecd8116ed737a6a15d7a1f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-463.258","next":"us-tx/tex.-insurance-code-463.260"},"notice":"GroundRules: Original legal text. Not legal advice."}