Tex. Ins. Code § 463.259
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
After a court enters an order of receivership with respect to an impaired or insolvent insurer, a premium due for coverage issued by the insurer is owned by and is payable at the direction of the association. The association is liable for an unearned premium owed to a policy or contract owner that arises after the court enters the order.
Tex. Ins. Code § 463.259