Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 5. PROTECTION OF CONSUMER INTERESTS |
Subtitle C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES |
Chapter 541. UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICES |
Subchapter I. RULEMAKING |
Sec. 541.403. DENIAL OF PETITION
Latest version.
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(a) The department must state in writing the reason for denying a petition to adopt, amend, or repeal a rule.
(b) The department is expressly authorized to deny the petition if the action sought would:
(1) destroy uniformity with the laws of other states or the United States; or
(2) not conform to the adopted procedures of the National Association of Insurance Commissioners.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.