Insurance Code › Title 4 › Chapter 463 › Subchapter F
Texas Insurance Code § 463.258
Texas Life and Health Insurance Guaranty Association · Powers and Duties of Association Relating to Impaired or Insolvent Insurer
If the association reissues terminated coverage at a premium different from the terminated policy's premium, the premium must:
(1) reflect the amount of insurance provided and the insured's or enrollee's age and class of risk; and
(2) be approved by the commissioner or a court.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153), Sec. 21, eff. September 1, 2019.
