81st Texas Legislature, Regular Session, House Bill 4339, Chapter 1026 Page: 2 of 8
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H.B. No. 4339
1 authority of the commissioner under this chapter are cumulative and
2 are in addition to all other powers and authority that are available
3 to the commissioner.
4 Sec. 464.003. DEFINITIONS. In this chapter:
5 (1) "Delinquency proceeding" has the meaning assigned
6 by Section 443.004.
7 (2) "Fund" means the unauthorized insurance guaranty
8 fund.
9 (3) "Fund account" means the account established for
10 the deposit of money held by the fund.
11 (4) "Policy claim" means an obligation incurred under
12 a contract or policy of insurance issued by an unauthorized insurer
13 as described by Chapter 101. The term does not include claims under
14 reinsurance contracts or claims of other creditors.
15 (5) "Receiver" means the receiver of an unauthorized
16 insurer in a delinquency proceeding, including the commissioner
17 when acting in that capacity, or a special deputy receiver.
18 (6) "Unauthorized insurer" has the meaning assigned by
19 Section 443.004.
20 Sec. 464.004. APPLICABILITY. This chapter applies to a
21 delinquency proceeding under Chapter 443 of an unauthorized
22 insurer.
23 Sec. 464.005. IMMUNITY. Liability does not exist and a
24 cause of action does not arise against the commissioner or an agent,
25 employee, or representative of the commissioner for any good faith
26 act or omission in performing the commissioner's, or the agent's,
27 employee's, or representative's powers and duties under this2
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Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 4339, Chapter 1026, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148842/m1/2/: accessed May 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.