Texas Insurance Code
§ 885.204 — NOTICE OF INTENT TO REVOKE FOREIGN FRATERNAL BENEFIT SOCIETY'S CERTIFICATE OF AUTHORITY
IN § 885.204Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 885. FRATERNAL BENEFIT SOCIETIES · Art. E. FOREIGN FRATERNAL BENEFIT SOCIETIES
Statute text
View on source(a)The commissioner shall notify a foreign fraternal benefit society engaging in business under this chapter of the commissioner's determination if, following an investigation, the commissioner determines that the society:
(1)has failed to comply with this chapter;
(2)has exceeded its powers;
(3)is not fulfilling its contracts in good faith; or
(4)is engaging in business fraudulently.
(b)A notification under Subsection (a) must:
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.