Texas Insurance Code
Sec. § 984.201
Agreement to Comply With Chapter


A Mexican casualty insurance company shall file in English a document executed by the company’s officials expressly accepting the terms of this chapter and agreeing that the department may revoke, suspend, or refuse to grant a certificate of authority under this chapter on a determination by the commissioner that the company:

(1)

is insolvent or in hazardous financial condition; or

(2)

has violated an applicable law of this state or of the company’s home jurisdiction.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
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Last accessed
Oct. 1, 2020