Court Opinions

State Laws

US Code

US Constitution

Texas Insurance Code - Section 441.254. Failure To Comply With Requirements Of Supervision

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 441.254. Failure To Comply With Requirements Of Supervision

§ 441.254. FAILURE TO COMPLY WITH REQUIREMENTS OF 
SUPERVISION.  The failure of an insurer described by Section 
441.251 to comply during supervision with the requirements of 
Section 441.104 with respect to any asset or policy located in this 
state is grounds for the immediate revocation of the insurer's 
certificate of authority to engage in business in this state and for 
the immediate appointment of an ancillary conservator to take 
charge of the insurer's assets located in this state.

Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.           

Last modified: August 11, 2007