Deposit of Proceeds

Tex. Insurance Code § 2210.6335, under Chapter 2210.

Tex. Insurance Code § 2210.6335

Sec. 2210.6335. DEPOSIT OF PROCEEDS. The proceeds of a financing arrangement with this state entered into under Section 2210.632 before a catastrophic event shall be deposited into a separate account located in the catastrophe reserve trust fund. Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.15, eff. September 1, 2025.