Texas § 823.353 PAYMENT OF EXAMINATION COSTS.

Texas Statutes

§ 823.353 — PAYMENT OF EXAMINATION COSTS.

Texas § 823.353

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 823.353 (2026).

Text

Sec. 823.353. PAYMENT OF EXAMINATION COSTS.

(a)Each registered insurer that complies with an order under Section 823.351 (a) shall pay the expense of the examination in accordance with Sections 401.151 , 401.152 , 401.155 , and 401.156 .

(b)The commissioner shall assess the cost of an examination under Section 823.351 (b) against the person examined. The controlled insurer may not directly or indirectly reimburse that person for any part of the cost.

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Sec. 823.353. PAYMENT OF EXAMINATION COSTS. (a) Each registered insurer that complies with an order under Section 823.351 (a) shall pay the expense of the examination in accordance with Sections 401.151 , 401.152 , 401.155 , and 401.156 .
(b) The commissioner shall assess the cost of an examination under Section 823.351 (b) against the person examined. The controlled insurer may not directly or indirectly reimburse that person for any part of the cost.

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.011, eff. April 1, 2009.