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Texas Insurance Code - INS § 228.104. Action on Application

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

(a) The comptroller shall:

(1) review the application, organizational documents, and business history of each applicant;  and

(2) ensure that the applicant satisfies the requirements of this chapter.

(b) Not later than the 30th day after the date an application is filed, the comptroller shall:

(1) issue the certification;  or

(2) refuse to issue the certification and communicate in detail to the applicant the grounds for the refusal, including suggestions for the removal of those grounds.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 228.104. Action on Application - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-228-104/

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