Tex. Insurance Code § 885.412
ADVERSE PUBLICATION PROHIBITED
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 885.412, ADVERSE PUBLICATION PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680158
- Permanent ID
ys:prov:680158@1- SHA-256
642b7d9a3f5d1b05efbe93566fd1f02e119f4b6d4c376247a67c61d463b12ef7
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) Pending, during, or after an examination or investigation of a fraternal benefit society, the commissioner may not make public a financial statement, report, or finding, or permit a financial statement, report, or finding affecting the status, standing, or rights of the society to become public, until:
(1) the commissioner serves a copy of the statement, report, or finding on the society at its home office; and
(2) the society has been provided a reasonable opportunity to:
(A) answer the statement, report, or finding; and
(B) make a showing in connection with the statement, report, or finding as the society desires.
(b) This section does not apply to a proceeding involving a fraternal benefit society instituted by the commissioner or the state, including an administrative hearing, a proceeding under Chapter 441 or 443, or a court proceeding.