Texas § 841.207 ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED.

Texas Statutes

§ 841.207 — ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED.

Texas § 841.207

Code INInsurance Code

This text of Texas § 841.207 (ACTIONS OF COMMISSIONER WHEN CAPITAL AND 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. § 841.207 (2026).

Text

Sec. 841.207. ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED. If an insurance company does not comply with the capital and surplus requirements of this chapter, the commissioner may order the insurance company to cease writing new business and may:

(1)place the insurance company under state supervision or conservatorship;

(2)declare the insurance company to be in a hazardous condition as provided by Subchapter A , Chapter 404 ;

(3)declare the insurance company to be impaired as provided by Section 841.206 ; or

(4)apply to the insurance company any other applicable sanction provided by this code. SUBCHAPTER F. GENERAL POWERS, DUTIES, AND LIMITATIONS

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Sec. 841.207. ACTIONS OF COMMISSIONER WHEN CAPITAL AND SURPLUS REQUIREMENTS NOT SATISFIED. If an insurance company does not comply with the capital and surplus requirements of this chapter, the commissioner may order the insurance company to cease writing new business and may:
(1) place the insurance company under state supervision or conservatorship;
(2) declare the insurance company to be in a hazardous condition as provided by Subchapter A , Chapter 404 ;
(3) declare the insurance company to be impaired as provided by Section 841.206 ; or
(4) apply to the insurance company any other applicable sanction provided by this code.
SUBCHAPTER F. GENERAL POWERS, DUTIES, AND LIMITATIONS

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.022, eff. April 1, 2009.