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

Tex. Insurance Code § 823.152: EMPLOYMENT OF EXPERTS.

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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 D. CONTROL OF DOMESTIC INSURER; ACQUISITION OR MERGER

(a) The commissioner may employ an attorney, actuary, accountant, or other expert who is not a member of the commissioner's staff and who is reasonably necessary to assist in analyzing a merger or acquisition of control proposed under Section 823.154.

(b) The acquiring person shall pay all reasonable expenses incurred in connection with the employment of a person under this section.

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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