Texas Insurance Code - Not Codified - Article 5.25-1. Public Guide Relating To Commercial Property Rating
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Texas Laws > Insurance Code - Not Codified > Texas Insurance Code - Not Codified - Article 5.25-1. Public Guide Relating To Commercial Property Rating
Article: 5.20 5.21 5.22 5.23 5.25 5.25,
Art 5.25-1 5.25-2 5.25-3 5.26 5.27 5.28
Art. 5.25-1. PUBLIC GUIDE RELATING TO COMMERCIAL PROPERTY
Article repealed effective April 1, 2007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.
Last modified: August 11, 2007