Texas Insurance Code

§ 821.004 — REPORT TO ATTORNEY GENERAL; SUIT AGAINST INSURER

IN § 821.004Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 821. GENERAL PROVISIONS · Art. A. MINIMUM INSURANCE TO BE MAINTAINED BY INSURER

Statute text

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(a)The department shall report to the attorney general an insurer's failure to comply with this subchapter.

(b)On receiving a report under Subsection (a), the attorney general shall bring suit in a district court in Travis County against the insurer to cancel, forfeit, and revoke the insurer's:

(1)charter, articles of association, or articles of agreement; and

(2)certificate of authority.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.