Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 861.256 - Failure to Make Deposit or Deliver Annual Statement(a) If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.(b) A general casualty company may not issue an insurance policy in violation of this section.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.