Gavvy: Ins. Code, Sec. 493.055. Limitation On Rights Against Reinsurer.

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Sec. 493.055. Limitation On Rights Against Reinsurer.

Sec. 493.055. LIMITATION ON RIGHTS AGAINST REINSURER. A person does not have a right against a reinsurer that is not specifically stated in:

(1) the reinsurance contract; or

(2) a specific agreement between the reinsurer and the person.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Gavvy last updated this database on: Sep 6, 2024