Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle A. GENERAL PROVISIONS APPLICABLE TO INSURERS AND RELATED ENTITIES |
Chapter 801. CERTIFICATE OF AUTHORITY |
Subchapter B. CERTIFICATE OF AUTHORITY |
Sec. 801.057. FAILURE TO FILE ANNUAL STATEMENT: GROUND FOR REVOCATION OR SUSPENSION
Latest version.
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A certificate of authority of an insurer that fails to file an annual statement required by law is subject to being suspended or revoked by the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.