Texas Insurance Code - Section 441.152. Notice Of Conservatorship
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§ 441.152. NOTICE OF CONSERVATORSHIP. (a) Not later than
the seventh day after the date the commissioner enters an order
appointing a conservator for an insurer as provided by Section
441.151 or Subchapter F, the commissioner shall publish notice of
the conservatorship in at least one newspaper of general
circulation in each county with a population of at least 100,000.
(b) The notice must include:
(1) the name of the insurer placed in conservatorship;
(2) the date the insurer was placed in conservatorship
in this state;
(3) the reasons for placing the insurer in
conservatorship;
(4) any action with respect to the insurer that is
available to a policyholder; and
(5) any requirement with which a policyholder must
comply.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 441.053 441.101 441.102 441.103 441.104 441.105 441.151 441.152 441.153 441.154 441.155 441.156 441.157 441.158 441.159
Last modified: August 11, 2007
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