Tex. Insurance Code § 885.412: ADVERSE PUBLICATION PROHIBITED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES
- CHAPTER 885. FRATERNAL BENEFIT SOCIETIES
- SUBCHAPTER I. REGULATION OF FRATERNAL BENEFIT SOCIETIES
(a) Pending, during, or after an examination or investigation of a fraternal benefit society, the commissioner may not make public a financial statement, report, or finding, or permit a financial statement, report, or finding affecting the status, standing, or rights of the society to become public, until:
(1) the commissioner serves a copy of the statement, report, or finding on the society at its home office; and
(2) the society has been provided a reasonable opportunity to:
(A) answer the statement, report, or finding; and
(B) make a showing in connection with the statement, report, or finding as the society desires.
(b) This section does not apply to a proceeding involving a fraternal benefit society instituted by the commissioner or the state, including an administrative hearing, a proceeding under Chapter 441 or 443, or a court proceeding.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.099, eff. April 1, 2009.
Collected 2026-08-27T01:47:21Z. Source file · JSON