Texas Insurance Code Title 4, Chapter 406 - Special Deposits Required Under Potentially Hazardous Conditions

• Texas Section 406.001 - Definition
  In this chapter, "insurer" includes: (1) a capital stock insurance company; (2) a reciprocal or interinsurance exchange; (3) a Lloyd's plan; (4) a fraternal benefit...
• Texas Section 406.002 - Applicability Of Chapter
  This chapter applies to a person or organization engaged in the business of insurance without regard to whether the person or organization is listed in...
• Texas Section 406.003 - Required Deposit: Standards And Criteria
  The commissioner, in the commissioner's sole discretion, may require an insurer to make a deposit under this chapter if the commissioner determines that one of...
• Texas Section 406.004 - Required Deposit: Form Of Security
  A deposit required under Section 406.003 must be made with the comptroller and approved by the commissioner. The deposit must be made in: (1) cash;...
• Texas Section 406.005 - Duration Of Deposit
  Subject to Section 406.006, the comptroller shall hold a deposit required under this chapter until the commissioner issues a written order finding that the condition...
• Texas Section 406.006 - Substitution Or Withdrawal Of Deposit
  (a) An insurer may file a written application with the commissioner requesting: (1) withdrawal of all or part of the deposit held by the comptroller...
• Texas Section 406.007 - Appeal
  An insurer may appeal an action of the commissioner under this chapter in accordance with Subchapter D, Chapter 36. Added by Acts 2007, 80th Leg.,...
• Texas Section 406.008 - Cumulative Of Other Deposits
  A deposit required to be made under this chapter is in addition to any other deposit that the insurer is required or authorized to make...

Last modified: September 28, 2016