Texas § 401.060 RIGHT TO INFORMATION RELATING TO DETERMINATION OF VALUE OR MARKET VALUE.

Texas Statutes

§ 401.060 — RIGHT TO INFORMATION RELATING TO DETERMINATION OF VALUE OR MARKET VALUE.

Texas § 401.060

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This text of Texas § 401.060 (RIGHT TO INFORMATION RELATING TO DETERMINATION OF VALUE OR MARKET VALUE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 401.060 (2026).

Text

Sec. 401.060. RIGHT TO INFORMATION RELATING TO DETERMINATION OF VALUE OR MARKET VALUE.

(a)If the department determines the value or market value of an insurer's investment in or on real estate or an improvement to real estate, the insurer is entitled to make a written request for a written finding by the commissioner in relation to that determination.

(b)Not later than the 10th day after the date the commissioner receives a request under Subsection (a), the commissioner shall enter a written order or finding that:

(1)states separately the department's findings on each factor or matter on which the department relied in making the determination; and

(2)includes the name and address of each person who provided evidence relating to a factor or matter on which the department relied in makin

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Sec. 401.060. RIGHT TO INFORMATION RELATING TO DETERMINATION OF VALUE OR MARKET VALUE. (a) If the department determines the value or market value of an insurer's investment in or on real estate or an improvement to real estate, the insurer is entitled to make a written request for a written finding by the commissioner in relation to that determination.
(b) Not later than the 10th day after the date the commissioner receives a request under Subsection (a), the commissioner shall enter a written order or finding that:
(1) states separately the department's findings on each factor or matter on which the department relied in making the determination; and
(2) includes the name and address of each person who provided evidence relating to a factor or matter on which the department relied in making the determination.
(c) The commissioner shall provide to the insurer that requested a written finding under this section a copy of the finding or order.