ASSUMPTION OF POWERS AND DUTIES OF ASSOCIATION.
Tex. INS Code § 463.356.
in effectThe 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 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
