Texas Statutes
Subtitle D - Guaranty Associations
Chapter 463 - Texas Life and Health Insurance Guaranty Association

Section 463.0031. Definition of Principal Place of Business of Plan Sponsor or Other Person - Sec. 463.0031. DEFINITION OF PRINCIPAL PLACE OF BUSINESS OF PLAN...

Section 463.0032. Use of Terms Policy and Contract - Sec. 463.0032. USE OF TERMS POLICY AND CONTRACT. For purposes...

Section 463.004. Construction - Sec. 463.004. CONSTRUCTION. This chapter shall be liberally construed to...

Section 463.005. Immunity - Sec. 463.005. IMMUNITY. (a) The following persons are not liable,...

Section 463.006. Rules - Sec. 463.006. RULES. The commissioner shall adopt reasonable rules as...

Section 463.007. Construction of Long-Term Care Rider - Sec. 463.007. CONSTRUCTION OF LONG-TERM CARE RIDER. For purposes of...

Subchapter B. Governance of and Participation in Association

Section 463.051. Purpose and Regulation of Association - Sec. 463.051. PURPOSE AND REGULATION OF ASSOCIATION. (a) The Texas...

Section 463.052. Required Participation in Association - Sec. 463.052. REQUIRED PARTICIPATION IN ASSOCIATION. (a) As a condition...

Section 463.053. Board of Directors - Sec. 463.053. BOARD OF DIRECTORS. (a) The association's powers are...

Section 463.054. Eligibility to Serve as Public Representative - Sec. 463.054. ELIGIBILITY TO SERVE AS PUBLIC REPRESENTATIVE. To be...

Section 463.055. Term; Vacancy - Sec. 463.055. TERM; VACANCY. (a) Board members serve staggered six-year...

Section 463.056. Compensation of Board Members - Sec. 463.056. COMPENSATION OF BOARD MEMBERS. A board member may...

Section 463.057. Financial Statement of Board Member - Sec. 463.057. FINANCIAL STATEMENT OF BOARD MEMBER. Each board member...

Section 463.058. Conflict of Interest - Sec. 463.058. CONFLICT OF INTEREST. (a) In this section, "transaction...

Section 463.059. Meetings by Telephone and Videoconference - Sec. 463.059. MEETINGS BY TELEPHONE AND VIDEOCONFERENCE. (a) Notwithstanding Chapter...

Subchapter C. General Powers and Duties of Association

Section 463.101. General Powers and Duties - Sec. 463.101. GENERAL POWERS AND DUTIES. (a) The association may:...

Section 463.102. Plan of Operation; Amendments - Sec. 463.102. PLAN OF OPERATION; AMENDMENTS. (a) The association shall...

Section 463.103. Personnel - Sec. 463.103. PERSONNEL. The association may employ or retain employees...

Section 463.104. Association Records - Sec. 463.104. ASSOCIATION RECORDS. (a) The association shall maintain a...

Section 463.105. Accounts - Sec. 463.105. ACCOUNTS. For the purposes of administration and assessment,...

Section 463.106. Delegation of Powers and Duties - Sec. 463.106. DELEGATION OF POWERS AND DUTIES. (a) The plan...

Section 463.107. Exemption From Taxation - Sec. 463.107. EXEMPTION FROM TAXATION. The association is exempt from...

Section 463.108. Detection and Prevention of Impairment and Insolvency - Sec. 463.108. DETECTION AND PREVENTION OF IMPAIRMENT AND INSOLVENCY. On...

Section 463.109. Association Appearance Before Court; Intervention - Sec. 463.109. ASSOCIATION APPEARANCE BEFORE COURT; INTERVENTION. (a) The association...

Section 463.110. Annual Report - Sec. 463.110. ANNUAL REPORT. Not later than the 120th day...

Section 463.111. Board and Association Advice and Assistance - Sec. 463.111. BOARD AND ASSOCIATION ADVICE AND ASSISTANCE. (a) On...

Section 463.112. Board Access to Records - Sec. 463.112. BOARD ACCESS TO RECORDS. The receiver or statutory...

Section 463.113. Board Report at Conclusion of Insolvency - Sec. 463.113. BOARD REPORT AT CONCLUSION OF INSOLVENCY. (a) At...

Section 463.114. Summary Document; Disclaimer - Sec. 463.114. SUMMARY DOCUMENT; DISCLAIMER. (a) The association shall prepare...

Subchapter D. Assessments

Section 463.151. Making and Payment of Assessment - Sec. 463.151. MAKING AND PAYMENT OF ASSESSMENT. (a) The association...

Section 463.152. Classes of Assessments - Sec. 463.152. CLASSES OF ASSESSMENTS. (a) Assessments are classified as...

Section 463.153. Amount of Assessments - Sec. 463.153. AMOUNT OF ASSESSMENTS. (a) The board shall determine...

Section 463.154. Deferment - Sec. 463.154. DEFERMENT. The association may wholly or partly defer...

Section 463.155. Deposit of Assessments - Sec. 463.155. DEPOSIT OF ASSESSMENTS. The association may deposit assessments...

Section 463.156. Certificate of Contribution - Sec. 463.156. CERTIFICATE OF CONTRIBUTION. The association shall issue to...

Section 463.157. Refunds - Sec. 463.157. REFUNDS. (a) The board may refund to member...

Section 463.158. Use of Assessments - Sec. 463.158. USE OF ASSESSMENTS. Money from assessments supplements the...

Section 463.159. Failure to Pay; Collection by Commissioner - Sec. 463.159. FAILURE TO PAY; COLLECTION BY COMMISSIONER. On failure...

Section 463.160. Premium Tax Credit for Class a Assessment - Sec. 463.160. PREMIUM TAX CREDIT FOR CLASS A ASSESSMENT. The...

Section 463.161. Premium Tax Credit for Class B Assessment - Sec. 463.161. PREMIUM TAX CREDIT FOR CLASS B ASSESSMENT. (a)...

Section 463.162. Assignment or Transfer of Credit - Sec. 463.162. ASSIGNMENT OR TRANSFER OF CREDIT. (a) A member...

Section 463.163. Insured's Liability Under Assessment Plan - Sec. 463.163. INSURED'S LIABILITY UNDER ASSESSMENT PLAN. This chapter does...

Subchapter E. Coverage Provided by Association

Section 463.201. Persons Covered - Sec. 463.201. PERSONS COVERED. (a) Subject to Subsections (b) and...

Section 463.202. Policies and Contracts Covered - Sec. 463.202. POLICIES AND CONTRACTS COVERED. (a) Except as limited...

Section 463.203. Policies and Contracts Excluded - Sec. 463.203. POLICIES AND CONTRACTS EXCLUDED. (a) In this section,...

Section 463.204. Obligations Excluded - Sec. 463.204. OBLIGATIONS EXCLUDED. A contractual obligation does not include:...

Section 463.205. Protection Provided by Other Jurisdiction - Sec. 463.205. PROTECTION PROVIDED BY OTHER JURISDICTION. This chapter does...

Section 463.206. Association Discretion in Manner of Providing Benefits - Sec. 463.206. ASSOCIATION DISCRETION IN MANNER OF PROVIDING BENEFITS. (a)...

Subchapter F. Powers and Duties of Association Relating

Section 463.251. Impaired Domestic Insurer - Sec. 463.251. IMPAIRED DOMESTIC INSURER. (a) This section applies only...

Section 463.252. Impaired Domestic, Foreign, or Alien Insurer Not Paying Claims - Sec. 463.252. IMPAIRED DOMESTIC, FOREIGN, OR ALIEN INSURER NOT PAYING...

Section 463.253. Insolvent Insurer - Sec. 463.253. INSOLVENT INSURER. (a) This section applies only to...

Section 463.254. Life or Health Insurance Policies or Contracts - Sec. 463.254. LIFE OR HEALTH INSURANCE POLICIES OR CONTRACTS. (a)...

Section 463.255. Policy or Contract With Guaranteed Interest Rate - Sec. 463.255. POLICY OR CONTRACT WITH GUARANTEED INTEREST RATE. In...

Section 463.256. Alternative Policy - Sec. 463.256. ALTERNATIVE POLICY. (a) An alternative policy issued by...

Section 463.257. Imposition of Lien or Moratorium - Sec. 463.257. IMPOSITION OF LIEN OR MORATORIUM. To carry out...

Section 463.258. Premium for Reissuance of Terminated Coverage - Sec. 463.258. PREMIUM FOR REISSUANCE OF TERMINATED COVERAGE. If the...

Section 463.259. Premium Due During Receivership - Sec. 463.259. PREMIUM DUE DURING RECEIVERSHIP. After a court enters...

Section 463.260. Limits on and Termination of Association Obligation - Sec. 463.260. LIMITS ON AND TERMINATION OF ASSOCIATION OBLIGATION. (a)...

Section 463.261. Assignment of Rights - Sec. 463.261. ASSIGNMENT OF RIGHTS. (a) A person receiving a...

Section 463.262. Effect of Subrogation and Assignment of Rights and Available Assets on Association Obligation - Sec. 463.262. EFFECT OF SUBROGATION AND ASSIGNMENT OF RIGHTS AND...

Section 463.263. Deposit to Be Paid to Association - Sec. 463.263. DEPOSIT TO BE PAID TO ASSOCIATION. (a) A...

Section 463.264. Reinsurance - Sec. 463.264. REINSURANCE. (a) The association may elect to succeed...

Subchapter G. Operation of Impaired or Insolvent Insurer

Section 463.301. Issuance or Renewal of Policies Following Conservatorship or Receivership - Sec. 463.301. ISSUANCE OR RENEWAL OF POLICIES FOLLOWING CONSERVATORSHIP OR...

Section 463.302. Distributions to Shareholders and Affiliates - Sec. 463.302. DISTRIBUTIONS TO SHAREHOLDERS AND AFFILIATES. (a) An impaired...

Section 463.303. Assets Attributable to Covered Policies - Sec. 463.303. ASSETS ATTRIBUTABLE TO COVERED POLICIES. (a) For the...

Section 463.304. Distribution of Ownership Rights of Impaired or Insolvent Insurer - Sec. 463.304. DISTRIBUTION OF OWNERSHIP RIGHTS OF IMPAIRED OR INSOLVENT...

Subchapter H. Powers and Duties of Commissioner and Department

Section 463.351. Notice of Commissioner Actions - Sec. 463.351. NOTICE OF COMMISSIONER ACTIONS. (a) The commissioner shall:...

Section 463.352. Advice From Board - Sec. 463.352. ADVICE FROM BOARD. The commissioner may seek the...

Section 463.353. Examination - Sec. 463.353. EXAMINATION. (a) The board by majority vote may...

Section 463.354. Demand to Cure Impairment - Sec. 463.354. DEMAND TO CURE IMPAIRMENT. (a) When an impairment...

Section 463.355. Failure to Comply With Plan of Operation - Sec. 463.355. FAILURE TO COMPLY WITH PLAN OF OPERATION. On...

Section 463.356. Assumption of Powers and Duties of Association - Sec. 463.356. ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION. The...

Section 463.357. Notification of Effect of Chapter - Sec. 463.357. NOTIFICATION OF EFFECT OF CHAPTER. The commissioner, as...

Section 463.358. Statement of Premiums - Sec. 463.358. STATEMENT OF PREMIUMS. On request, the commissioner shall...

Subchapter I. Appeals and Other Actions

Section 463.401. Appeal to Commissioner - Sec. 463.401. APPEAL TO COMMISSIONER. (a) Not later than the...

Section 463.402. Venue - Sec. 463.402. VENUE. Venue for an action against the association...

Section 463.403. Appeal Bond - Sec. 463.403. APPEAL BOND. The association is not required to...

Section 463.404. Stay of Proceedings; Certain Decisions Not Binding - Sec. 463.404. STAY OF PROCEEDINGS; CERTAIN DECISIONS NOT BINDING. (a)...

Subchapter J. Prohibited Practices

Section 463.451. Prohibited Use of Protection Provided by Chapter - Sec. 463.451. PROHIBITED USE OF PROTECTION PROVIDED BY CHAPTER. (a)...

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Texas Statutes Subtitle D - Guaranty Associations Chapter 463 - Texas Life and Health Insurance Guaranty Association

Texas Statutes
Subtitle D - Guaranty Associations
Chapter 463 - Texas Life and Health Insurance Guaranty Association