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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 823.106: STANDARDS OF REVIEW; REASONS FOR DISAPPROVAL.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
  4. CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS
  5. SUBCHAPTER C. TRANSACTIONS OF REGISTERED INSURER

(a) In reviewing a transaction under this subchapter, the commissioner shall consider whether the transaction:

(1) complies with the standards provided by Section 823.101; and

(2) may adversely affect the interest of the insurer's policyholders.

(b) The commissioner shall set forth the specific reasons for the disapproval of a transaction reviewed under 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

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