{"data":{"id":"us-tx/tex.-insurance-code-463.356","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 463.356","heading":"ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION.","body":"The commissioner may assume the powers and duties of the association under this chapter with respect to impaired or insolvent insurers if the association does not within a reasonable period act as provided by:\n(1) Section 463.252(b)(2);\n(2) Section 463.253; and\n(3) Section 463.254.\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 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER H. POWERS AND DUTIES OF COMMISSIONER AND DEPARTMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.463.htm#463.356","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"945fd666b259b368c34e16baf6cf4a2b1dd3d9af4f37d09dc81f83f52be5c3be","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-463.355","next":"us-tx/tex.-insurance-code-463.357"},"notice":"GroundRules: Original legal text. Not legal advice."}