Texas Insurance Code

§ 981.156 — EXAMINATION BY COMMISSIONER

IN § 981.156Title 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

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(a)The commissioner shall examine the stamping office at any time the commissioner considers an examination necessary.

(b)The stamping office shall pay the cost of the examination.

(c)During an examination, a stamping office board member, officer, agent, or employee:

(1)may be examined under oath regarding the operation of the office; and

(2)shall make available any book, record, account, document, or agreement relating to the operation of the office.

Legislative history

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