Tex. Ins. Code Section 1805.151
Authority of Commissioner

If, after a hearing, the commissioner determines that an activity or practice of a group, association, or other organization of insurers engaging in joint underwriting or joint reinsurance is unfair, unreasonable, or otherwise inconsistent with this chapter or other applicable law, the commissioner may issue a written order:

(1)

specifying the manner in which the activity or practice is unfair, unreasonable, or inconsistent with the applicable law; and

(2)

requiring the group, association, or organization to discontinue the activity or practice.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 1805.151 — Authority of Commissioner, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1805.­htm#1805.­151 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1805.151’s source at texas​.gov