Texas Insurance Code
§ 981.154 — POWERS AND DUTIES
IN § 981.154Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 981. SURPLUS LINES INSURANCE · Art. D. SURPLUS LINES STAMPING OFFICE
Statute text
View on source(a)The stamping office shall perform its functions under the plan of operation.
(b)The stamping office shall conduct the following activities as provided in the plan of operation:
(1)receive, record, and review each surplus lines insurance contract that a surplus lines agent is required to file with the office;
(2)provide to the commissioner an evaluation of the eligibility of each surplus lines insurance contract and surplus lines insurer;
(3)prepare monthly reports for the commissioner relating to surplus lines insurance obtained during the preceding month in a form prescribed by the commissioner;
(4)prepare reports for the commissioner relating to surplus lines business;
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.