Sec. 463.109. ASSOCIATION APPEARANCE BEFORE COURT; INTERVENTION. (a) The association may appear before a court in this state with jurisdiction over an impaired or insolvent insurer concerning which the association is or may become obligated under this chapter. The association's right to appear applies to:
(1) a proposal for reinsuring, reissuing, modifying, or guaranteeing the insurer's policies or contracts;
(2) the determination of the insurer's policies or contracts and contractual obligations; and
(3) any other matter germane to the association's powers and duties.
(b) The association may appear or intervene before a court in another state with jurisdiction over:
(1) an impaired or insolvent insurer concerning which the association is or may become obligated; or
(2) a third party against whom the association may have rights through subrogation of the insurer's policyholders or enrollees.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153), Sec. 9, eff. September 1, 2019.
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