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Tex. Insurance Code § 984.204

AUTHORITY TO REVOKE OR SUSPEND CERTIFICATE OF AUTHORITY

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 984.204, AUTHORITY TO REVOKE OR SUSPEND CERTIFICATE OF AUTHORITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680763
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The commissioner may revoke or suspend a Mexican casualty insurance company's certificate of authority under this chapter if the commissioner, after notice and an opportunity for a hearing, determines that the company, with neglect and wilful disregard, systematically failed to comply with obligations derived from insurance policies issued in this state and the laws applicable to those policies.