Tex. Ins. Code Section 941.251
Examinations


(a)

The provisions of Sections 86.001 (Authority to Revoke or Modify Certificate of Authority), 86.002 (Notice of Intent to Revoke or Modify Certificate of Authority), 401.051 (Duty to Examine Carriers), 401.052 (Frequency of Examination), 401.054-401.062, 401.151 (Expenses of Examination of Domestic Insurer), 401.152 (Expenses of Examination of Other Insurers), 401.155 (Additional Assessments), and 401.156 (Deposit and Use of Assessment and Fee) that relate to the examination of insurers apply to a Lloyd’s plan.

(b)

The department may examine the books and affairs of an attorney in fact for a Lloyd’s plan. The attorney in fact and each deputy attorney in fact shall facilitate the examination and furnish any information reasonably required by the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.118, eff. April 1, 2009.

Source: Section 941.251 — Examinations, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­941.­htm#941.­251 (accessed Apr. 13, 2024).

Accessed:
Apr. 13, 2024

§ 941.251’s source at texas​.gov