Tex. Ins. Code § 984.201

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

Section 984.201 - Agreement to Comply With Chapter

A Mexican casualty insurance company shall file in English a document executed by the company's officials expressly accepting the terms of this chapter and agreeing that the department may revoke, suspend, or refuse to grant a certificate of authority under this chapter on a determination by the commissioner that the company:

(1) is insolvent or in hazardous financial condition; or

(2) has violated an applicable law of this state or of the company's home jurisdiction.

Tex. Ins. Code § 984.201

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.