Texas § 861.102 ISSUANCE OF CERTIFICATE OF AUTHORITY.

Texas Statutes

§ 861.102 — ISSUANCE OF CERTIFICATE OF AUTHORITY.

Texas § 861.102

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Bluebook

Tex. Insurance Code Code Ann. § 861.102 (2026).

Text

Sec. 861.102. ISSUANCE OF CERTIFICATE OF AUTHORITY.

(a)The department shall issue a certificate of authority to a general casualty company authorizing the company to engage in the business of insurance under this chapter if:

(1)the company meets the requirements of this chapter; and

(2)the commissioner has granted a charter to the company in the manner provided by Sections 822.051 , 822.052 , 822.053 , 822.054 , 822.057 , 822.058 , 822.059, 822.060 , and 822.210 .

(b)A certificate of authority is evidence of a general casualty company's authorization to engage in the business of insurance under this chapter and of the company's solvency and credits. SUBCHAPTER D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY

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Sec. 861.102. ISSUANCE OF CERTIFICATE OF AUTHORITY. (a) The department shall issue a certificate of authority to a general casualty company authorizing the company to engage in the business of insurance under this chapter if:
(1) the company meets the requirements of this chapter; and
(2) the commissioner has granted a charter to the company in the manner provided by Sections 822.051 , 822.052 , 822.053 , 822.054 , 822.057 , 822.058 , 822.059, 822.060 , and 822.210 .
(b) A certificate of authority is evidence of a general casualty company's authorization to engage in the business of insurance under this chapter and of the company's solvency and credits.
SUBCHAPTER D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY