PJC Business

PJC 102.25

DTPA/I NSURANCE C ODE

“Business day” means every day except Saturday [ , / or ] Sunday [ , or [ insert relevant state holiday(s) ]]. See Tex. Ins. Code §542.051(1) (defining “business day”); Tex. Gov’t Code ch. 662 (listing state-recognized holidays). Extension of deadlines by court or insurance commissioner. A court may extend the statutory deadlines for a guaranty association showing good cause and after reasonable notice to policyholders. Tex. Ins. Code § 542.059(a). The commissioner of insurance may extend the statutory deadlines by fifteen days upon determining that there is a weather-related catastrophe or major natural disaster. Tex. Ins. Code § 542.059(b).

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