Tex. Insurance Code § 462.111: ACCESS TO RECORDS OF MEMBER INSURER IN RECEIVERSHIP; ACTUARIAL AND OPERATIONAL ANALYSIS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 4. REGULATION OF SOLVENCY
- SUBTITLE D. GUARANTY ASSOCIATIONS
- CHAPTER 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
- SUBCHAPTER C. GENERAL POWERS AND DUTIES OF ASSOCIATION
(a) The association shall have access to the books and records of a member insurer in receivership to determine the extent of the impact on the association if the member becomes impaired.
(b) The association may:
(1) perform or cause to be performed an actuarial and operational analysis of the member insurer; and
(2) prepare a report on matters relating to the impact or potential impact on the association in the event of impairment.
(c) A report prepared under Subsection (b) is not a public document.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON