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

Tex. Insurance Code § 86.052: AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY.

Where this section sits in the code

INSURANCE CODE
TITLE 2. TEXAS DEPARTMENT OF INSURANCE
SUBTITLE B. DISCIPLINE AND ENFORCEMENT
CHAPTER 86. REVOCATION OR MODIFICATION OF CERTIFICATE OF AUTHORITY; AUTHORITY TO BRING CERTAIN ACTIONS
SUBCHAPTER B. AUTHORITY TO BRING CERTAIN ACTIONS

Only the department may bring an action to:

(1) close the affairs of an insurance company organized under the laws of this state; or

(2) enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 12, eff. April 1, 2007.

Collected 2026-08-27T01:47:21Z. Source file · JSON