The legislature has determined that providing catastrophe funding to the association by permitting the association to enter into a financing arrangement with this state is an acceptable use of state money and provides an efficient method for the association to pay losses following a catastrophic event.
Tex. Ins. Code § 2210.6315
STATE-FUNDED FINANCING ARRANGEMENTS
Known as the Texas Windstorm Insurance Association Act
The act spans §§ 2210.001 to 2210.705 (181 sections).
Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.15, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.