Tex. Insurance Code § 555.002
REVOCATION OF CERTIFICATE OF AUTHORITY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 555.002, REVOCATION OF CERTIFICATE OF AUTHORITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678530
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Full text
If an execution issued on a final judgment rendered against an insurer is not satisfied and discharged before the 31st day after the date of notice of the execution's issuance, the insurer's certificate of authority shall be revoked, and the insurer may not engage in the business of insurance in this state until the execution is satisfied.