Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 13. REGULATION OF PROFESSIONALS |
Subtitle D. OTHER PROFESSIONALS |
Chapter 4152. REINSURANCE INTERMEDIARIES |
Subchapter E. REQUIREMENTS RELATING TO MANAGERS |
Sec. 4152.210. AUDITED STATEMENT OF MANAGER'S FINANCIAL CONDITION
Latest version.
-
(a) A manager shall provide annually to each insurer and reinsurer with whom the manager transacts business an audited statement of the manager's financial condition.
(b) The statement must be prepared by an independent certified public accountant in a form acceptable to the commissioner.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.