Texas Insurance Code - Section 401.104. Appointment Of Examiners, Actuaries, And Other Persons For Certain Examinations
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§ 401.104. APPOINTMENT OF EXAMINERS, ACTUARIES, AND OTHER
PERSONS FOR CERTAIN EXAMINATIONS. (a) The department may
commission a department actuary, the chief examiner, another
department examiner or employee, or any other person to conduct or
assist in the examination of a company that is not organized under
the laws of this state.
(b) The department may compensate a person described by
Subsection (a). If the department compensates the person, the
person may not receive any other compensation while the person is
assigned to the examination.
(c) Except as provided by this section and Section 401.152,
a department actuary or examiner may not continue to serve in that
capacity if the person directly or indirectly accepts employment or
compensation for a service rendered or to be rendered from any
insurance company for any reason.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 401.059 401.060 401.061 401.062 401.101 401.102 401.103 401.104 401.105 401.106 401.151 401.152 401.153 401.154 401.155
Last modified: August 11, 2007
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