{"data":{"id":"us-tx/tex.-insurance-code-823.307","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 823.307","heading":"MODIFICATION BY COMMISSIONER.","body":"After notice and opportunity for a hearing, the commissioner may:\n(1) determine that the basis used for valuation of the stock of an affiliate does not, under the specific circumstances, reflect the value of the affiliate; and\n(2) order an adjustment in the valuation or the use of another basis of valuation provided by this subchapter.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS","SUBCHAPTER G. VALUATION OF INVESTMENT FOR FINANCIAL STATEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.823.htm#823.307","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"b35c157867bebb4a5b14ba2f8c1db285e1139e07971375ae62ce4b8212047ab6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-823.306","next":"us-tx/tex.-insurance-code-823.351"},"notice":"GroundRules: Original legal text. Not legal advice."}