Tex. Insurance Code § 821.051: PAYMENT OF TAXES AND FEES; COMPLIANCE WITH LAW.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
- CHAPTER 821. GENERAL PROVISIONS
- SUBCHAPTER B. ASSOCIATION OF INSURANCE COMPANIES
(a) Life, health, fire, marine, or inland marine insurance companies that associate to issue or sell insurance policies may not engage in the business of insurance in this state until each company has:
(1) paid the company's taxes and fees that are due; and
(2) complied with all requirements of law.
(b) The commissioner may not authorize to engage in the business of insurance in this state an insurance company that does not comply with Subsection (a).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON