Sec. 463.205. PROTECTION PROVIDED BY OTHER JURISDICTION. This chapter does not provide coverage for a resident with respect to an impaired or insolvent insurer domiciled in another jurisdiction if guaranty protection is provided to the resident by the law of that jurisdiction.
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 E. Coverage Provided by Association
Section 463.201. Persons Covered
Section 463.202. Policies and Contracts Covered
Section 463.203. Policies and Contracts Excluded
Section 463.204. Obligations Excluded
Section 463.205. Protection Provided by Other Jurisdiction
Section 463.206. Association Discretion in Manner of Providing Benefits