Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 4. REGULATION OF SOLVENCY |
Subtitle D. GUARANTY ASSOCIATIONS |
Chapter 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION |
Subchapter B. GOVERNANCE OF ASSOCIATION |
Sec. 462.051. ASSOCIATION AS LEGAL ENTITY; MEMBERSHIP
Latest version.
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(a) The Texas Property and Casualty Insurance Guaranty Association is a nonprofit unincorporated legal entity.
(b) The association is composed of all member insurers. A member insurer must remain a member of the association as a condition of engaging in the business of insurance in this state.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 1, eff. April 1, 2007.