Sec. 462.167. COLLECTION OF ASSESSMENTS. (a) The commissioner may collect an assessment on behalf of the association through a suit brought for that purpose.
(b) Venue for a suit under this section is in Travis County.
(c) Either party to the suit may appeal to an appellate court. The appeal is at once returnable to the appellate court. The appeal has precedence in the appellate court over all causes of a different character pending before the court.
(d) The commissioner is not required to give an appeal bond in any cause of action arising under this section.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle D - Guaranty Associations
Chapter 462 - Texas Property and Casualty Insurance Guaranty Association
Subchapter D. Assessments in General
Section 462.151. Making of Assessment; Amount
Section 462.152. Maximum Total Assessment
Section 462.153. Refund of Contribution
Section 462.154. Notice of Assessment
Section 462.156. Use of Assessments
Section 462.158. Advance as Loan
Section 462.159. Estimate of Additional Money Needed on Impairment of Insurer
Section 462.160. Assessment for Additional Money for Accounts
Section 462.161. Amount of Assessment; Proration of Payment
Section 462.163. Payment of Assessment
Section 462.164. Participation Receipts
Section 462.165. Accounting; Reports; Refund
Section 462.166. Use of Excess Money in Account