Public-domain · open source
OpenJurist

Tex. Ins. Code § 443.055

DECISION AND APPEALS

Known as the Insurer Receivership Act

The act spans §§ 443–443 (73 sections).

Added by Acts 2005, 79th Leg., Ch. 995 (H.B. 2157), Sec. 1, eff

(a) The receivership court shall enter judgment on the petition to commence formal delinquency proceedings not later than the 15th day after the date of conclusion of the evidence.

(b) The judgment is final when entered. Any appeal must be prosecuted on an expedited basis and must be taken not later than the fifth day after the date of entry of the judgment. A request for reconsideration, review, or appeal, or posting of a bond does not dissolve or stay the judgment.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.