Texas Insurance Code - Section 83.051. Authority Of Commissioner To Issue Order
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§ 83.051. AUTHORITY OF COMMISSIONER TO ISSUE ORDER. (a)
The commissioner ex parte may issue an emergency cease and desist
order if:
(1) the commissioner believes that:
(A) an authorized person engaging in the business
of insurance is:
(i) committing an unfair act; or
(ii) in a hazardous condition or a
hazardous financial condition under Section 19, Texas Health
Maintenance Organization Act (Article 20A.19, Vernon's Texas
Insurance Code), or Article 1.32, as determined by the
commissioner; or
(B) an unauthorized person:
(i) is engaging in the business of
insurance in violation of Chapter 101 or in violation of a rule
adopted under that chapter; or
(ii) is engaging in the business of
insurance in violation of Chapter 101 and is committing an unfair
act; and
(2) it appears to the commissioner that the alleged
conduct:
(A) is fraudulent;
(B) is hazardous or creates an immediate danger
to the public safety; or
(C) is causing or can be reasonably expected to
cause public injury that:
(i) is likely to occur at any moment;
(ii) is incapable of being repaired or
rectified; and
(iii) has or is likely to have influence or
effect.
(b) An order is final on the 31st day after the date it is
received, unless the affected person requests a hearing under
Section 83.053.
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Section: 82.054 82.055 82.056 83.001 83.002 83.003 83.004 83.051 83.052 83.053 83.054 83.055 83.101 83.102 83.103
Last modified: August 11, 2007
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