Texas Statutes
§ 822.211 — ACTION OF COMMISSIONER WHEN CAPITAL OR SURPLUS REQUIREMENTS NOT SATISFIED.
Texas § 822.211
JurisdictionTexas
Code INInsurance Code
This text of Texas § 822.211 (ACTION OF COMMISSIONER WHEN CAPITAL OR SURPLUS REQUIREMENTS NOT SATISFIED.) 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. § 822.211 (2026).
Text
Sec. 822.211. ACTION OF COMMISSIONER WHEN CAPITAL OR SURPLUS REQUIREMENTS NOT SATISFIED. If an insurance company does not comply with the capital and surplus requirements of this chapter, the commissioner may enter an order prohibiting the company from writing new business and may:
(1)place the company under state supervision or conservatorship;
(2)declare the company to be in a hazardous condition as provided by Subchapter A , Chapter 404 ;
(3)declare the company to be impaired as provided by Subchapter B , Chapter 404 ; or
(4)apply to the company any other applicable sanction provided by this code.
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Legislative History
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.009, eff. April 1, 2009.
Nearby Sections
15
§ 822.001
APPLICABILITY OF CHAPTER.§ 822.051
FORMATION OF COMPANY.§ 822.052
ARTICLES OF INCORPORATION.§ 822.053
COMPANY'S NAME.§ 822.055
SHARES OF STOCK WITH PAR VALUE.§ 822.056
SHARES OF STOCK WITHOUT PAR VALUE.§ 822.057
APPLICATION FOR CHARTER.§ 822.060
ACTION ON APPLICATION.§ 822.061
ISSUANCE OF CHARTER.§ 822.101
CERTIFICATE OF AUTHORITY.§ 822.151
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Bluebook (online)
Texas § 822.211, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/822.211.