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Chapter 463

Texas Life and Health Insurance Guaranty Association

Subchapter A. General Provisions

463.001 Short Title 463.002 Purpose 463.003 General Definitions 463.0031 Definition of Principal Place of Business of Plan Sponsor or Other Person 463.0032 Use of Terms Policy and Contract 463.004 Construction 463.005 Immunity 463.006 Rules 463.007 Construction of Long-Term Care Rider

Subchapter B. Governance of and Participation in Association

463.051 Purpose and Regulation of Association 463.052 Required Participation in Association 463.053 Board of Directors 463.054 Eligibility to Serve as Public Representative 463.055 Term; Vacancy 463.056 Compensation of Board Members 463.057 Financial Statement of Board Member 463.058 Conflict of Interest 463.059 Meetings by Telephone and Videoconference

Subchapter C. General Powers and Duties of Association

463.101 General Powers and Duties 463.102 Plan of Operation; Amendments 463.103 Personnel 463.104 Association Records 463.105 Accounts 463.106 Delegation of Powers and Duties 463.107 Exemption from Taxation 463.108 Detection and Prevention of Impairment and Insolvency 463.109 Association Appearance Before Court; Intervention 463.110 Annual Report 463.111 Board and Association Advice and Assistance 463.112 Board Access to Records 463.113 Board Report at Conclusion of Insolvency 463.114 Summary Document; Disclaimer

Subchapter D. Assessments

463.151 Making and Payment of Assessment 463.152 Classes of Assessments 463.153 Amount of Assessments 463.154 Deferment 463.155 Deposit of Assessments 463.156 Certificate of Contribution 463.157 Refunds 463.158 Use of Assessments 463.159 Failure to Pay; Collection by Commissioner 463.160 Premium Tax Credit for Class a Assessment 463.161 Premium Tax Credit for Class B Assessment 463.162 Assignment or Transfer of Credit 463.163 Insured's Liability under Assessment Plan

Subchapter E. Coverage Provided by Association

463.201 Persons Covered 463.202 Policies and Contracts Covered 463.203 Policies and Contracts Excluded 463.204 Obligations Excluded 463.205 Protection Provided by Other Jurisdiction 463.206 Association Discretion in Manner of Providing Benefits

Subchapter F. Powers and Duties of Association Relating to Impaired or Insolvent Insurer

463.251 Impaired Domestic Insurer 463.252 Impaired Domestic, Foreign, or Alien Insurer Not Paying Claims 463.253 Insolvent Insurer 463.254 Life or Health Insurance Policies or Contracts 463.255 Policy or Contract with Guaranteed Interest Rate 463.256 Alternative Policy 463.257 Imposition of Lien or Moratorium 463.258 Premium for Reissuance of Terminated Coverage 463.259 Premium Due During Receivership 463.260 Limits on and Termination of Association Obligation 463.261 Assignment of Rights 463.262 Effect of Subrogation and Assignment of Rights and Available Assets on Association Obligation 463.263 Deposit to Be Paid to Association 463.264 Reinsurance

Subchapter G. Operation of Impaired or Insolvent Insurer

463.301 Issuance or Renewal of Policies Following Conservatorship or Receivership 463.302 Distributions to Shareholders and Affiliates 463.303 Assets Attributable to Covered Policies 463.304 Distribution of Ownership Rights of Impaired or Insolvent Insurer

Subchapter H. Powers and Duties of Commissioner and Department

463.351 Notice of Commissioner Actions 463.352 Advice from Board 463.353 Examination 463.354 Demand to Cure Impairment 463.355 Failure to Comply with Plan of Operation 463.356 Assumption of Powers and Duties of Association 463.357 Notification of Effect of Chapter 463.358 Statement of Premiums

Subchapter I. Appeals and Other Actions

463.401 Appeal to Commissioner 463.402 Venue 463.403 Appeal Bond 463.404 Stay of Proceedings; Certain Decisions Not Binding

Subchapter J. Prohibited Practices

463.451 Prohibited Use of Protection Provided by Chapter