Tex. Ins. Code § 463.108

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

Section 463.108 - Detection and Prevention of Impairment and Insolvency

On a majority vote, the board:

(1) may make recommendations to the commissioner for detecting and preventing insurer insolvencies; and

(2) shall notify the commissioner of information indicating that a member insurer may be impaired or insolvent.

Tex. Ins. Code § 463.108

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.