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  5. 943 S.W.2d 133 (1997)
 

UNISYS CORP. v. TEXAS LIFE, SERVICE INS.

No. 03-96-00167-CV.

943 S.W.2d 133 (1997)

UNISYS CORPORATION; Mellon Bank, N.A., as Trustee of the Unisys Employee Savings Thrift Trust; Marathon Oil Company; and National City Bank, Appellants, v. TEXAS LIFE, ACCIDENT, HEALTH & HOSPITAL SERVICE INSURANCE GUARANTY ASSOCIATION, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Overruled May 8, 1997.

Attorney(s) appearing for the Case

David L. Orr, Kuperman, Orr, Mouer & Albers, P.C., Austin, for Marathon & National City Bank.

Daniel C. Bitting, Scott, Douglass, Luton & McConnico, L.L.P., Austin, for Mellon Bank, N.A.

Joann Hyle, Pepper, Hamilton & Scheetz, Philadelphia, PA, for Unisys Corporation.

Gary L. Lewis, George, Donaldson & Ford, L.L.P., Austin, for Appellee.

Before ABOUSSIE, KIDD and B.A. SMITH, JJ.

ON MOTION FOR REHEARING

BEA ANN SMITH, Justice.

We withdraw our previous opinion and judgment issued December 12, 1996 in this cause and substitute the following opinion.

We must decide whether certain annuity contracts benefitting Texas employees of Unisys Corporation and Marathon Oil Company are covered under the Texas Life, Accident, Health and Hospital Service Insurance Guaranty Association Act ("Guaranty Act").1...

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