Texas Insurance Code

§ 36.107 — ACCEPTANCE OF ACTUARIAL OPINION

IN § 36.107Title 2. TEXAS DEPARTMENT OF INSURANCE · Part A. ADMINISTRATION OF THE TEXAS DEPARTMENT OF INSURANCE · Ch. 36. DEPARTMENT RULES AND PROCEDURES · Art. B. DEPARTMENT PROCEDURES

Statute text

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An opinion of an actuary requested by the commissioner under this code, another insurance law of this state, or a rule of the commissioner is presumed to be accurate and valid, and the department shall accept the opinion unless controverted. The department may employ, at the department's expense, another actuary to provide an alternative opinion.

Legislative history

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.