Sec. 463.104. ASSOCIATION RECORDS. (a) The association shall maintain a record of each negotiation or meeting in which the association or the association's representative discusses the association's activities in carrying out the powers and duties under Section 463.101, 463.103, 463.109, or 463.111(c) or Subchapter F.
(b) A record under Subsection (a) may be made public only on:
(1) termination of a liquidation, rehabilitation, or conservation proceeding involving the impaired or insolvent insurer;
(2) termination of the impairment or insolvency of the insurer; or
(3) order of a court.
(c) This section does not limit the association's duty to report on the association's activities as required by Section 463.110.
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 463 - Texas Life and Health Insurance Guaranty Association
Subchapter C. General Powers and Duties of Association
Section 463.101. General Powers and Duties
Section 463.102. Plan of Operation; Amendments
Section 463.104. Association Records
Section 463.106. Delegation of Powers and Duties
Section 463.107. Exemption From Taxation
Section 463.108. Detection and Prevention of Impairment and Insolvency
Section 463.109. Association Appearance Before Court; Intervention
Section 463.110. Annual Report
Section 463.111. Board and Association Advice and Assistance
Section 463.112. Board Access to Records