Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle C. FINANCIAL SOLVENCY |
Chapter 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION |
Subchapter H. CONSERVATOR OR RECEIVER POWERS AND DUTIES RELATING TO COVERED CLAIMS |
Sec. 2602.351. DETERMINATION OF CONSERVATOR CONCERNING REINSURANCE, ASSUMPTION, OR SUBSTITUTION
Latest version.
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A conservator appointed to handle the affairs of an impaired title insurance company or agent shall determine whether covered claims should or can be provided for in whole or in part by reinsurance, assumption, or substitution.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.