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Texas Insurance Code - Section 441.004. Actions Of Commissioner

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 441.004. Actions Of Commissioner

§ 441.004. ACTIONS OF COMMISSIONER. (a) In the event of an insurer's delinquency or suspected delinquency, the commissioner, in the commissioner's administrative discretion, may act under this chapter, another applicable law, or a combination of this chapter and another applicable law. (b) If the commissioner determines to act under this chapter or is directed by a court to act under this chapter, the commissioner shall comply with the requirements of this chapter. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 10, 2007