Texas Insurance Code

§ 823.352 — LIMITATION ON POWER

IN § 823.352Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 823. INSURANCE HOLDING COMPANY SYSTEMS · Art. H. EXAMINATIONS

Statute text

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The commissioner may exercise power under Section 823.351 only if:

(1)examination of the insurer under another provision of this code is inadequate; or

(2)the interests of the insurer's policyholders may be adversely affected.

Legislative history

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