PROPERTY RIGHTS.
Tex. INS Code § 2210.6165.
in effectIf public securities issued under this subchapter are outstanding, the rights and interests of the association, a successor to the association, any member of the association, or any member of the Texas FAIR Plan Association, including the right to impose, collect, and receive a premium surcharge authorized under this subchapter, are only contract rights until those revenues are first pledged for the repayment of the association's public security obligations as provided by Section 2210.609 .
Added by Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3 ), Sec. 54, eff. September 28, 2011.
Repealed by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.17(2), eff. September 1, 2027.
Text of section effective until September 01, 2027