Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 4. REGULATION OF SOLVENCY |
Subtitle C. DELINQUENT INSURERS |
Chapter 441. SUPERVISION AND CONSERVATORSHIP |
Subchapter D. CONSERVATORSHIP |
Sec. 441.160. RETURN TO MANAGEMENT
Latest version.
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An insurer that is rehabilitated shall be returned to management or placed under new management under reasonable conditions that best tend to prevent defeat of the purposes of the conservatorship.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 1, eff. April 1, 2007.