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Texas Insurance Code - Section 442.052. Appointment Of Special Deputy Receiver

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 442.052. Appointment Of Special Deputy Receiver

§ 442.052. APPOINTMENT OF SPECIAL DEPUTY RECEIVER. (a) The commissioner may appoint, set the compensation of, and contract with one or more qualified special deputy receivers to act for the commissioner under this code. (b) The commissioner shall: (1) specify requirements for the position of special deputy receiver; and (2) use a competitive bidding process to select special deputy receivers. (c) In making an appointment under this section, the commissioner shall attempt to reflect the ethnic, racial, and geographic diversity of the state. (d) A special deputy receiver serves at the pleasure of the commissioner. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 10, 2007