Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 28. INSURANCE |
PART 1. TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 5. PROPERTY AND CASUALTY INSURANCE |
SUBCHAPTER T. FAIR PLAN |
DIVISION 1. PLAN OF OPERATION |
SECTION 5.9910. Purpose
Latest version.
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The Texas FAIR Plan Association was established by Insurance Code Article 21.49A for the purpose of delivering residential property insurance to qualified citizens of Texas in areas determined by the Commissioner of Insurance to be underserved areas. The purpose of this plan of operation is to set forth and establish the structure, function, procedures and powers of the Texas FAIR Plan Association.
Source Note: The provisions of this §5.9910 adopted to be effective May 28, 2003, 28 TexReg 4153