DEFINITIONS.
Tex. INS Code § 464.003.
in effectIn this chapter:
(1) "Delinquency proceeding" has the meaning assigned by Section 443.004 .
(2) "Fund" means the unauthorized insurance guaranty fund.
(3) "Fund account" means the account established for the deposit of money held by the fund.
(4) "Policy claim" means an obligation incurred under a contract or policy of insurance issued by an unauthorized insurer as described by Chapter 101 . The term does not include claims under reinsurance contracts or claims of other creditors.
(5) "Receiver" means the receiver of an unauthorized insurer in a delinquency proceeding, including the commissioner when acting in that capacity, or a special deputy receiver.
(6) "Unauthorized insurer" has the meaning assigned by Section 443.004 .
Added by Acts 2009, 81st Leg., R.S., Ch. 1026 (H.B. 4339 ), Sec. 1, eff. June 19, 2009.
