§ 2301.007 — DISAPPROVAL OF FORMS; WITHDRAWAL OF APPROVAL.

Texas § 2301.007

• Jurisdiction: Texas
• Code IN: Insurance Code

Text

Sec. 2301.007. DISAPPROVAL OF FORMS; WITHDRAWAL OF APPROVAL. (a) The commissioner may disapprove a form filed under Section 2301.006 or withdraw approval of a form if the form:
(1) violates any law, including a rule adopted under this code; or
(2) contains a provision or has a title or heading that is unjust or deceptive, encourages misrepresentation, or violates public policy.
(b) For good cause shown, the commissioner may withdraw approval of a form after notice and hearing.
(c) An order issued by the commissioner disapproving a form, or a notice of the commissioner's intention to withdraw approval of a form, must state the grounds for the disapproval or withdrawal of approval in sufficient detail to reasonably inform the insurer of those grounds.
(d) An order of withdrawal of approval of a form takes effect on the date prescribed by the commissioner in the order. The commissioner may not prescribe a date earlier than the 30th day after the effective date of the order, as prescribed by the commissioner.
(e) An insurer may not use a form in this state after the commissioner disapproves the form or withdraws approval of the form.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.