Texas Insurance Code - Not Codified - Article 1.17A. Legislative Intent As To Appointment Or Employment Of Examiners And Actuaries
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Art. 1.17A. LEGISLATIVE INTENT AS TO APPOINTMENT OR
EMPLOYMENT OF EXAMINERS AND ACTUARIES.
Article repealed effective April 1, 2007
(a) The Legislature recognizes that experienced, highly
qualified examiners and actuaries are necessary for the department
to monitor and regulate effectively the solvency of insurers in
this state. It is the intent of the Legislature that the
department, in appointing or employing examiners or actuaries,
select persons who have substantial experience in financial matters
relating to insurance or other areas of financial activity that are
compatible with the business of insurance and who are recognized
for the outstanding quality of their work in relation to areas of
responsibility typically assigned to examiners and actuaries in the
insurance field.
(b) The Legislature pledges to provide to the department the
necessary funding to implement this article and to support the
department in its efforts to attract the highly qualified persons
necessary to fulfill regulatory responsibilities relating to
insurer solvency assigned to them under the insurance laws of this
state.
Added by Acts 1991, 72nd Leg., ch. 242, Sec. 1.15, eff. Sept. 1,
1991.
Article: 1.13 1.14-3 1.15 1.15A 1.15B 1.16 1.17 1.17A 1.18 1.19 1.32 1.33 1.39 1.61 2.10
Last modified: August 11, 2007
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