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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Each insurer that enters into an insurance policy or other contract or agreement with a state agency for the purchase by the state agency of property, casualty, or liability insurance coverage, including a policy, contract, or agreement subject to competitive bidding requirements, shall report to the State Office of Risk Management the intended sale of the insurance coverage.
(b) The insurer shall report the intended sale of the insurance coverage not later than the 30th day before the date the sale is scheduled to occur in the manner prescribed by the State Office of Risk Management.
(c) The State Office of Risk Management may require an insurer to submit copies of insurance forms, policies, and other relevant information.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1803.002. Reporting Requirements - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1803-002/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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