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Current as of January 01, 2024 | Updated by Findlaw Staff
In performing the association's statutory obligations under this chapter, the association is not considered:
(1) to be engaged in the business of insurance;
(2) to have assumed or succeeded to a liability of the impaired insurer; or
(3) to otherwise stand in the place of the impaired insurer for any purpose, including for the purpose of determining whether the association is subject to personal jurisdiction of the courts of another state.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 462.102. Association Not in Place of Impaired Insurer - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-462-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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