Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle B. ORGANIZATION OF REGULATED ENTITIES |
Chapter 823. INSURANCE HOLDING COMPANY SYSTEMS |
Subchapter H. EXAMINATIONS |
Sec. 823.352. LIMITATION ON POWER
Latest version.
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The commissioner may exercise power under Section 823.351 only if:
(1) examination of the insurer under another provision of this code is inadequate; or
(2) the interests of the insurer's policyholders may be adversely affected.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.