Sec. 462.015. INFORMATION PROVIDED BY OR TO COMMISSIONER. (a) The commissioner shall notify the association of the existence of an impaired insurer not later than the third day after the date the commissioner gives notice of the designation of impairment. The association is entitled to a copy of any complaint seeking an order of receivership with a finding of insolvency against a member insurer at the time the complaint is filed with a court.
(b) On the board's request, the commissioner shall provide the association with a statement of the net direct written premiums of each member insurer.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Section: Previous 462.008 462.009 462.010 462.011 462.012 462.013 462.014 462.015 462.016 462.017 462.051 462.052 462.053 462.054 462.055 NextLast modified: September 28, 2016