Texas § 2054.402 REVIEW OF BOARD DECISION BY COMMISSIONER.

Texas Statutes

§ 2054.402 — REVIEW OF BOARD DECISION BY COMMISSIONER.

Texas § 2054.402

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Bluebook

Tex. Insurance Code Code Ann. § 2054.402 (2026).

Text

Sec. 2054.402. REVIEW OF BOARD DECISION BY COMMISSIONER.

(a)A board decision under Section 2054.401 is subject to review by the commissioner in the manner provided by Chapter 2001 , Government Code.

(b)The commissioner's review of a board decision does not suspend the operation of an act or decision of the company unless the commissioner specifically orders the suspension on a showing by an aggrieved party of:

(1)immediate, irreparable injury, loss, or damage; and

(2)probable success on the merits.

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Sec. 2054.402. REVIEW OF BOARD DECISION BY COMMISSIONER. (a) A board decision under Section 2054.401 is subject to review by the commissioner in the manner provided by Chapter 2001 , Government Code.
(b) The commissioner's review of a board decision does not suspend the operation of an act or decision of the company unless the commissioner specifically orders the suspension on a showing by an aggrieved party of:
(1) immediate, irreparable injury, loss, or damage; and
(2) probable success on the merits.