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. 823.354. USE OF ADVISORS
Latest version.
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(a) The commissioner may employ at the registered insurer's expense attorneys, actuaries, accountants, and other experts that are not a part of the commissioner's staff and that are reasonably necessary to assist in the conduct of an examination under Section 823.351.
(b) A person employed under this section is under the direction and control of the commissioner and may act only as an advisor.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.