Tex. Insurance Code § 841.701
REVOCATION OF CERTIFICATE OF AUTHORITY
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 841.701, REVOCATION OF CERTIFICATE OF AUTHORITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679355
- Permanent ID
ys:prov:679355@1- SHA-256
cb9b1cb5c441a61c6c4bb01c80f440c19dab6034c4402539d07668a65484a6bb
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If the commissioner determines that an insurance company that holds a certificate of authority does not comply with this chapter or another law described by Section 841.002, the commissioner shall notify the company that the commissioner intends to revoke its certificate of authority on the expiration of the 30-day period after the date actual notice is delivered or mailed under this section.
(b) Notice under this section must:
(1) be in writing; and
(2) be delivered to an executive officer of the company by personal service or by registered mail.
(c) If an insurance company receiving notice under this section does not fully comply before the expiration of the period prescribed by Subsection (a), the commissioner shall revoke the company's certificate of authority.
(d) An insurance company whose certificate of authority is revoked under this section is not entitled to receive another certificate of authority for a period of one year and until the company has fully and in good faith complied with this chapter.