Texas Insurance Code

§ 984.203 — AUTHORITY TO CONDUCT EXAMINATION

IN § 984.203Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 984. MEXICAN CASUALTY INSURANCE COMPANIES · Art. E. REGULATION AND ENFORCEMENT

Statute text

View on source

The department may examine at any time the affairs and condition and any books or records of a Mexican casualty insurance company, at the company's expense, to determine the company's:

(1)financial condition and solvency; and

(2)compliance with the applicable laws of this state and of the company's home jurisdiction.

Legislative history

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