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Texas Government Code - GOV'T § 551.079. Texas Department of Insurance

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The requirements of this chapter do not apply to a meeting of the commissioner of insurance or the commissioner's designee with the board of directors of a guaranty association established under Chapter 2602, Insurance Code, or Article 21.28-C or 21.28-D, Insurance Code,  1 in the discharge of the commissioner's duties and responsibilities to regulate and maintain the solvency of a person regulated by the Texas Department of Insurance.

(b) The commissioner of insurance may deliberate and determine the appropriate action to be taken concerning the solvency of a person regulated by the Texas Department of Insurance in a closed meeting with persons in one or more of the following categories:

(1) staff of the Texas Department of Insurance;

(2) a regulated person;

(3) representatives of a regulated person; or

(4) members of the board of directors of a guaranty association established under Chapter 2602, Insurance Code, or Article 21.28-C or 21.28-D, Insurance Code.  1

1 Now, repealed.
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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 551.079. Texas Department of Insurance - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-551-079/

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