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Texas Insurance Code - Not Codified - Article 5.25-1. Public Guide Relating To Commercial Property Rating

Legal Research Home > Texas Laws > Insurance Code - Not Codified > Texas Insurance Code - Not Codified - Article 5.25-1. Public Guide Relating To Commercial Property Rating

Art. 5.25-1. PUBLIC GUIDE RELATING TO COMMERCIAL PROPERTY RATING. Article repealed effective April 1, 2007 (a) The commissioner shall make available to the public a generalized guide that: (1) summarizes the procedures used by the department or other rating agency to rate nonresidential commercial buildings in this state; and (2) specifies how different construction elements and techniques used in a building project affect the insurance rating of the completed building. (b) The commissioner may charge a reasonable fee to cover the administrative costs of producing and distributing the guide. (c) The commissioner shall review the information in the guide in January of each odd-numbered year and shall revise the guide as necessary to incorporate any changes that have occurred in the preceding biennium that affect the information. (d) For purposes of this article, "rating agency" means a public or private legal entity that is authorized to conduct commercial property rating in this state. Added by Acts 1995, 74th Leg., ch. 440, Sec. 1, eff. Sept. 1, 1995.

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Last modified: August 11, 2007