Texas Statutes
§ 86.052 — AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY.
Texas § 86.052
JurisdictionTexas
Code INInsurance Code
This text of Texas § 86.052 (AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY.) 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. § 86.052 (2026).
Text
Sec. 86.052. AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY. Only the department may bring an action to:
(1)close the affairs of an insurance company organized under the laws of this state; or
(2)enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state.
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 12, eff. April 1, 2007.
Nearby Sections
15
§ 86.052
AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY.§ 861.001
DEFINITIONS.§ 861.051
FORMATION OF COMPANY AUTHORIZED.§ 861.053
PRELIMINARY OFFICERS AND DIRECTORS.§ 861.054
SUBSCRIPTION OF STOCK.§ 861.055
ORGANIZATIONAL MEETING.§ 861.101
CERTIFICATE OF AUTHORITY REQUIRED.§ 861.151
AUTHORITY OF BOARD OF DIRECTORS.§ 861.152
GENERAL POWERS OF COMPANY.§ 861.153
AUTHORIZED SHARES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 86.052, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/86.052.