Texas Insurance Code - Section 463.111. Board And Association Advice And Assistance
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Texas Lawyer > Insurance Code > Texas Insurance Code - Section 463.111. Board And Association Advice And Assistance
§ 463.111. BOARD AND ASSOCIATION ADVICE AND
ASSISTANCE. (a) On a majority vote, the board may report and make
recommendations to the commissioner on any matter germane to:
(1) the solvency, liquidation, rehabilitation, or
conservation of a member insurer; or
(2) the solvency of an insurer seeking to engage in the
business of insurance in this state.
(b) A report or recommendation under Subsection (a) is not a
public document, and Chapter 552, Government Code, does not apply
to the report or recommendation until the insurer that is the
subject of the report or recommendation is designated as impaired.
(c) On the commissioner's request, the association may
assist and advise the commissioner concerning rehabilitation,
payment of claims, continuation of coverage, or the performance of
other contractual obligations of an impaired or insolvent insurer.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 463.104 463.105 463.106 463.107 463.108 463.109 463.110 463.111 463.112 463.113 463.114 463.151 463.152 463.153 463.154
Last modified: August 10, 2007
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