Tex. Ins. Code Section 861.256
Failure to Make Deposit or Deliver Annual Statement

(a)

If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 (Annual Statement; Filing Fee) in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.

(b)

A general casualty company may not issue an insurance policy in violation of this section.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 861.256 — Failure to Make Deposit or Deliver Annual Statement, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­861.­htm#861.­256 (accessed May 11, 2024).

Green check means up to date. Up to date

Accessed:
May 11, 2024

§ 861.256’s source at texas​.gov