{"data":{"id":"us-tx/tex.-insurance-code-401.251","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 401.251","heading":"DEFINITIONS.","body":"In this subchapter:\n(1) \"Actuarial division\" means the division within the financial program that conducts actuarial examinations of insurers and other entities regulated by the department and administers state laws relating to the level of reserves required of an insurer.\n(2) \"Examination cost\" means a cost associated with salary, travel, or other personnel expenses associated with the examination of insurers and other entities regulated by the department by the financial examinations division or actuarial division.\n(3) \"Financial examinations division\" means the division within the financial program that conducts financial and market conduct examinations of insurers and other entities regulated by the department.\n(4) \"Financial program\" means the program within the department through which the department regulates the financial and operating conditions of, and issues licenses to, domestic and foreign insurers and other entities regulated by the department.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 659 (S.B. 1291), Sec. 1, eff. September 1, 2011.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 401. AUDITS AND EXAMINATIONS","SUBCHAPTER F. SELF-DIRECTED BUDGET FOR CERTAIN DIVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.401.htm#401.251","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"507669fa8996b273b9058505015b7436e5821730d1e1e3e3474f75637e953ba1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-401.201","next":"us-tx/tex.-insurance-code-401.252"},"notice":"GroundRules: Original legal text. Not legal advice."}
