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Tex. Insurance Code § 404.005

STANDARDS AND CRITERIA FOR EARLY WARNING

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 404.005, STANDARDS AND CRITERIA FOR EARLY WARNING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677381
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(a) The commissioner by rule may: (1) establish uniform standards and criteria for early warning that the continued operation of an insurer might be hazardous to the insurer's policyholders or creditors or to the public; and (2) establish standards for evaluating the financial condition of an insurer. (b) Standards established by the commissioner under this section must be consistent with the purposes of Section 404.003.