Sec. 443.058. ENTRY OF ORDER. If any of the grounds provided in Section 443.057 are established, the receivership court shall grant the petition and issue the order of rehabilitation or liquidation requested in the petition.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.004(l), eff. September 1, 2007.
Redesignated from Insurance Code - Not Codified, Art/Sec 21A.058 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(a)(1), eff. September 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(l), eff. September 1, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 193 (S.B. 1433), Sec. 5, eff. September 1, 2011.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle C - Delinquent Insurers
Chapter 443 - Insurer Receivership Act
Section 443.051. Receivership Court's Seizure Order
Section 443.052. Commencement of Formal Delinquency Proceeding
Section 443.053. Return of Summons and Summary Hearing
Section 443.054. Proceedings for Expedited Trial: Continuances, Discovery, Evidence
Section 443.055. Decision and Appeals
Section 443.056. Confidentiality
Section 443.057. Grounds for Conservation, Rehabilitation, or Liquidation
Section 443.058. Entry of Order
Section 443.059. Effect of Petition or Order on Contract or Lease