Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle I. COMPANIES THAT ARE NOT ORGANIZED IN TEXAS |
Chapter 984. MEXICAN CASUALTY INSURANCE COMPANIES |
Subchapter E. REGULATION AND ENFORCEMENT |
Sec. 984.203. AUTHORITY TO CONDUCT EXAMINATION
Latest version.
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The department may examine at any time the affairs and condition and any books or records of a Mexican casualty insurance company, at the company's expense, to determine the company's:
(1) financial condition and solvency; and
(2) compliance with the applicable laws of this state and of the company's home jurisdiction.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.