Bill Text: TX SB1227 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Relating to payment of covered claims based on assignment.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2015-06-19 - Effective immediately [SB1227 Detail]
Download: Texas-2015-SB1227-Enrolled.html
S.B. No. 1227 |
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relating to payment of covered claims based on assignment. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 462.202, Insurance Code, is amended by | ||
adding Subsection (c) to read as follows: | ||
(c) A person has a covered claim under this chapter if the | ||
person holds a valid assignment of a covered claim for unearned | ||
premiums under Subsections (a) and (b). | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2015. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I hereby certify that S.B. No. 1227 passed the Senate on | ||
May 20, 2015, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
I hereby certify that S.B. No. 1227 passed the House on | ||
May 27, 2015, by the following vote: Yeas 144, Nays 0, two | ||
present not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
Approved: | ||
______________________________ | ||
Date | ||
______________________________ | ||
Governor |