Texas Insurance Code Title 10, Chapter 2202 - Joint Underwriting
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 2202.001 - Definitions
In this chapter: (1) "Insurer" means any insurance company, corporation, reciprocal or interinsurance exchange, mutual association, county mutual insurance company, Lloyd's plan, or other insurer...
- Texas Section 2202.002 - Inapplicability Of Chapter
This chapter does not apply to the transaction of life, health, or accident insurance business. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017),...
- Texas Section 2202.003 - Deposit Of Fees
Fees collected under this chapter shall be deposited to the credit of the Texas Department of Insurance operating account. Added by Acts 2005, 79th Leg.,...
SUBCHAPTER B AUTHORITY TO ACT AS JOINT UNDERWRITING ASSOCIATION
- Texas Section 2202.004 - Certain Appropriations From General Revenue Fund Prohibited
The legislature may not appropriate money from the general revenue fund to administer this chapter, other than fees collected under this chapter and deposited to...
- Texas Section 2202.051 - Certificate Of Authority Required
An association of insurers may not act as a joint underwriting association in this state on behalf of the association's member insurers unless the association...
- Texas Section 2202.052 - Application For Certificate Of Authority
(a) An association of insurers that applies for a certificate of authority under this chapter must file a written application on forms prescribed by the...
- Texas Section 2202.053 - Issuance Of Certificate Of Authority
The commissioner shall issue a certificate of authority to a joint underwriting association that complies with the requirements of this chapter. Added by Acts 2005,...
- Texas Section 2202.054 - Term Of Certificate Of Authority
Unless renewed, a certificate of authority issued under this chapter expires on the third anniversary of the date the certificate is issued. Added by Acts...
- Texas Section 2202.055 - Renewal Of Certificate Of Authority
(a) An applicant for the renewal of a certificate of authority must file an application for renewal with the commissioner and pay the renewal fee...
- Texas Section 2202.056 - Fee For Certificate Of Authority
(a) An applicant for the issuance or renewal of a certificate of authority must pay a nonrefundable fee in an amount set by the commissioner...
SUBCHAPTER C POWERS AND DUTIES OF JOINT UNDERWRITING
- Texas Section 2202.057 - Reciprocity
The commissioner may waive any requirement for a certificate of authority for an applicant who holds a certificate of authority from another state if the...
- Texas Section 2202.101 - Authority To Act
A joint underwriting association may: (1) act only on behalf of association members who are authorized to engage in business in this state; and (2)...
- Texas Section 2202.102 - Notification Of Certain Information Required
An association holding a certificate of authority under this chapter shall notify the commissioner of a change in the information required to be filed under...
SUBCHAPTER D AUDIT AND EXAMINATION REQUIREMENTS
- Texas Section 2202.103 - Maintenance Of Information
(a) A joint underwriting association shall maintain at the association's principal administrative office adequate records of all transactions. (b) The association shall maintain the records...
- Texas Section 2202.151 - Annual Audit
An independent certified public accountant shall annually audit the books of accounts of a joint underwriting association as provided by Subchapter A, Chapter 401. A...
SUBCHAPTER E DISCIPLINARY ACTIONS AND
- Texas Section 2202.152 - Examination By Commissioner
(a) The commissioner may require an examination of a joint underwriting association as often as the commissioner considers necessary. The association shall pay the reasonable...
- Texas Section 2202.201 - Grounds For Denial Of Certificate Of Authority Or For Disciplinary Action
The commissioner may deny an application for a certificate of authority or discipline a certificate holder under this subchapter if the commissioner finds that the...
- Texas Section 2202.202 - Denial Of Certificate Of Authority Or Disciplinary Action
If the commissioner finds that a ground for a denial of a certificate of authority or disciplinary action under Section 2202.201 exists, the commissioner may:...
- Texas Section 2202.203 - Notice And Hearing
(a) Before the commissioner may deny an application for a certificate of authority or discipline a certificate holder under this subchapter, the commissioner must: (1)...
- Texas Section 2202.204 - Issuance Of Order
On the termination of the hearing, the findings shall be written and filed with the department. The commissioner shall issue an order showing the findings...
- Texas Section 2202.205 - Appeal
If the commissioner denies an application for a certificate of authority as provided by this chapter or suspends, revokes, or refuses to renew a certificate...
- Texas Section 2202.206 - Application After Denial, Refusal, Or Revocation
(a) Except as provided by Subsection (b), an applicant for a certificate of authority or certificate holder whose certificate of authority has been denied, refused,...
- Texas Section 2202.207 - Additional Sanctions; Injunction
(a) An association that violates this chapter or a rule or order adopted under this chapter is subject to sanctions under Chapter 82. (b) The...
Last modified: September 28, 2016