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Tex. Insurance Code § 823.307

MODIFICATION BY COMMISSIONER

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 823.307, MODIFICATION BY COMMISSIONER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679089
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After notice and opportunity for a hearing, the commissioner may: (1) determine that the basis used for valuation of the stock of an affiliate does not, under the specific circumstances, reflect the value of the affiliate; and (2) order an adjustment in the valuation or the use of another basis of valuation provided by this subchapter.