Sec. 462.113. BOARD REPORT ON CONCLUSION OF INSOLVENCY  


Latest version.
  • On the conclusion of the insolvency of a domestic insurer with respect to which the association was obligated to pay covered claims, the board may:

    (1) prepare a report on the history and causes of the insolvency, based on information available to the association; and

    (2) submit the report to the commissioner.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 1, eff. April 1, 2007.