Texas Insurance Code - Section 401.012. Hearing On Accountant Qualifications; Replacement Of Accountant
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§ 401.012. HEARING ON ACCOUNTANT QUALIFICATIONS;
REPLACEMENT OF ACCOUNTANT. The commissioner may hold a hearing to
determine if an accountant is qualified and independent. If, after
considering the evidence presented, the commissioner determines
that an accountant is not qualified and independent for purposes of
expressing an opinion on the financial statements in an audited
financial report filed under this subchapter, the commissioner
shall issue an order directing the insurer or health maintenance
organization to replace the accountant with a qualified and
independent accountant.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 401.005 401.006 401.007 401.008 401.009 401.010 401.011 401.012 401.013 401.014 401.015 401.016 401.017 401.018 401.019
Last modified: August 11, 2007
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