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Tex. Insurance Code § 841.207

ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 841.207, ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679308
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If an insurance company does not comply with the capital and surplus requirements of this chapter, the commissioner may order the insurance company to cease writing new business and may: (1) place the insurance company under state supervision or conservatorship; (2) declare the insurance company to be in a hazardous condition as provided by Subchapter A, Chapter 404; (3) declare the insurance company to be impaired as provided by Section 841.206; or (4) apply to the insurance company any other applicable sanction provided by this code.