Tex. Insurance Code § 463.108
DETECTION AND PREVENTION OF IMPAIRMENT AND INSOLVENCY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 463.108, DETECTION AND PREVENTION OF IMPAIRMENT AND INSOLVENCY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677913
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Full text
On a majority vote, the board:
(1) may make recommendations to the commissioner for detecting and preventing insurer insolvencies; and
(2) shall notify the commissioner of information indicating that a member insurer may be impaired or insolvent.