Sec. 2203.256. Standards for Recoupment Provisions.
Sec. 2203.256. STANDARDS FOR RECOUPMENT PROVISIONS. A provision for recoupment must be based on:
(1) the association's loss and expense experience; and
(2) other information based on that experience the department considers appropriate.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Gavvy last updated this database on: Sep 6, 2024