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Texas Insurance Code - Section 86.052. Authority To Bring Action To Close Affairs Or Restrain Business Of Domestic Insurance Company

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 86.052. Authority To Bring Action To Close Affairs Or Restrain Business Of Domestic Insurance Company

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§ 86.052. AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY. Text of section effective April 1, 2007 Only the department may bring an action to: (1) close the affairs of an insurance company organized under the laws of this state; or (2) enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state. Added by Acts 2005, 79th Leg., ch. 727, § 12, eff. April 1, 2007.

Section: Previous 84.051 85.001 85.051 85.052 86.001 86.002 86.051 86.052 101.001 101.002 101.003 101.004 101.051 101.052 101.053 Next

Last modified: August 11, 2007