Tex. Insurance Code § 2201.158
INJUNCTIVE RELIEF
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2201.158, INJUNCTIVE RELIEF, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684183
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Full text
(a) A risk retention group not chartered in this state must comply with the terms of an injunction issued by a court of this state or any other state based on a finding that the group is in a hazardous financial condition or is financially impaired.
(b) Injunctive relief must be issued by a court if the commissioner seeks to enjoin a risk retention group not chartered in this state from:
(1) violating the law of this state prohibiting deceptive, false, or fraudulent acts or practices;
(2) soliciting or selling insurance to a person who is not eligible for membership in the group; or
(3) soliciting or selling insurance or operating when the group is in a hazardous financial condition or is financially impaired.