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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Not later than the 30th day after the date the commissioner disapproves or modifies a filing under Section 2210.503, and after notice and hearing, the commissioner by order shall approve, disapprove, or modify the proposed adjustment to the maximum liability limits.
(b) Notwithstanding Subsection (a) and Sections 2210.501(c), 2210.502(a)-(c), and 2210.503, the commissioner may not approve adjustments of maximum liability limits to amounts lower than the amounts prescribed under Section 2210.501(b).
Cite this article: FindLaw.com - Texas Insurance Code - INS § 2210.504. Commissioner Action on Proposed Adjustments - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2210-504/
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