{"data":{"id":"us-tx/tex.-insurance-code-441.151","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 441.151","heading":"APPOINTMENT OF CONSERVATOR.","body":"(a) The commissioner may appoint a conservator for an insurer:\n(1) if:\n(A) after notice and opportunity for hearing, it is determined that the insurer:\n(i) is insolvent;\n(ii) appears to have exceeded the insurer's powers; or\n(iii) has failed to comply with any requirement of the commissioner; or\n(B) the insurer agrees to the appointment of a conservator; and\n(2) if it is determined that supervision is inadequate to rehabilitate the insurer.\n(b) The commissioner may appoint a conservator.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE C. DELINQUENT INSURERS","CHAPTER 441. SUPERVISION AND CONSERVATORSHIP","SUBCHAPTER D. CONSERVATORSHIP"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.441.htm#441.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"e99397109f661dc65334fab91676c6a5a508126ab814bd4282786e073edc6fd1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-441.105","next":"us-tx/tex.-insurance-code-441.152"},"notice":"GroundRules: Original legal text. Not legal advice."}