Tex. Insurance Code § 884.057
ACTION BY COMMISSIONER AND DEPARTMENT AFTER FILING
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 884.057, ACTION BY COMMISSIONER AND DEPARTMENT AFTER FILING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679974
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Full text
(a) After the charter fee is paid and all items required for a charter under Section 884.056 are filed with the department, the commissioner shall approve or deny the charter application.
(b) On the applicant's request, the commissioner shall hold a hearing on a denial. Not later than the 30th day after the date of the applicant's request for a hearing, the commissioner shall request a hearing date.
(c) An interested party may participate fully and in all respects in any proceeding related to the application. An intervenor has the rights and privileges of a proper or necessary party in a civil suit in the courts of this state, including the right to be represented by counsel.