Sec. 493.055. LIMITATION ON RIGHTS AGAINST REINSURER. A person does not have a right against a reinsurer that is not specifically stated in:
(1) the reinsurance contract; or
(2) a specific agreement between the reinsurer and the person.
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
Chapter 493 - Authorized Reinsurance; Credit and Accounting
Section 493.051. Reinsurance Authorized
Section 493.052. Limitation on Reinsurance of Entire Outstanding Business
Section 493.053. Filing of Reinsurance Schedules