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

Tex. Insurance Code § 823.307: MODIFICATION BY COMMISSIONER.

Where this section sits in the code

INSURANCE CODE
TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS
SUBCHAPTER G. VALUATION OF INVESTMENT FOR FINANCIAL STATEMENT

After notice and opportunity for a hearing, the commissioner may:

(1) determine that the basis used for valuation of the stock of an affiliate does not, under the specific circumstances, reflect the value of the affiliate; and

(2) order an adjustment in the valuation or the use of another basis of valuation provided by this subchapter.

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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