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Texas Insurance Code

§ 101.203 — INVESTIGATION AND DISCLOSURE

IN § 101.203Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 101. UNAUTHORIZED INSURANCE · Art. E. INSURANCE CONTRACTS WITH UNAUTHORIZED INSURERS

Statute text

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(a)If the commissioner has reason to believe that insurance has been effectuated by or for a person in this state with an unauthorized person or insurer, the commissioner shall in writing order the person to:
(1)produce for examination all insurance contracts and other documents evidencing insurance with both authorized and unauthorized persons or insurers; and
(2)disclose to the commissioner:
(A)the amount of insurance;
(B)the name and address of each insurer;
(C)the gross amount of premiums paid or to be paid; and

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2B.018, eff. April 1, 2009. Acts 2021, 87th Leg., R.S., Ch. 60 (S.B. 1809), Sec. 18, eff. September 1, 2021.