Sec. 542.059. EXTENSION OF DEADLINES. (a) A court may grant a request by a guaranty association for an extension of the periods under this subchapter on a showing of good cause and after reasonable notice to policyholders.
(b) In the event of a weather-related catastrophe or major natural disaster, as defined by the commissioner, the claim-handling deadlines imposed under this subchapter are extended for an additional 15 days.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 542 - Processing and Settlement of Claims
Subchapter B. Prompt Payment of Claims
Section 542.052. Applicability of Subchapter
Section 542.054. Liberal Construction
Section 542.055. Receipt of Notice of Claim
Section 542.056. Notice of Acceptance or Rejection of Claim
Section 542.057. Payment of Claim
Section 542.058. Delay in Payment of Claim
Section 542.059. Extension of Deadlines