Tex. Ins. Code § 36.007

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 36.007 - Rules Relating to Agreements Limiting State Authority to Regulate Insurance Prohibited; Effect of Agreement

(a) The commissioner may not adopt or enforce a rule that implements an interstate, national, or international agreement that:

(1) infringes on the authority of this state to regulate the business of insurance in this state; and

(2) was not approved by the legislature.

(b) An agreement described by Subsection (a) has no effect on the authority of this state to regulate the business of insurance in this state unless the agreement is approved by the legislature.

Tex. Ins. Code § 36.007

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 752,Sec. 2, eff. 6/12/2017.