Tex. Insurance Code § 861.256: FAILURE TO MAKE DEPOSIT OR DELIVER ANNUAL STATEMENT.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE D. CASUALTY COMPANIES
- CHAPTER 861. GENERAL CASUALTY COMPANIES
- SUBCHAPTER F. REGULATION OF GENERAL CASUALTY COMPANY
(a) If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.
(b) A general casualty company may not issue an insurance policy in violation of 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