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Texas Insurance Code - INS § 2210.1052. Emergency Meeting

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

<Text of section effective until Sept. 1, 2027.  See, also, § 2210.1052 effective Sept. 1, 2027.>

If the ultimate loss estimate for an occurrence or series of occurrences made by the chief financial officer or chief actuary of the association indicates member insurers may be subject to an assessment under Subchapter B-1 or B-2, the board of directors shall call an emergency meeting to notify the member insurers about the assessment.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2210.1052. Emergency Meeting - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2210-1052/

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