Sec. 463.356. ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION

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The commissioner may assume the powers and duties of the association under this chapter with respect to impaired or insolvent insurers if the association does not within a reasonable period act as provided by:
(1) Section 463.252(b)(2);
(2) Section 463.253; and
(3) Section 463.254.

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

                    
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