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Texas Insurance Code - INS § 441.152. Notice of Conservatorship

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

(a) Not later than the seventh day after the date the commissioner enters an order appointing a conservator for an insurer as provided by Section 441.151 or Subchapter F,  1 the commissioner shall publish notice of the conservatorship in at least one newspaper of general circulation in each county with a population of at least 100,000.

(b) The notice must include:

(1) the name of the insurer placed in conservatorship;

(2) the date the insurer was placed in conservatorship in this state;

(3) the reasons for placing the insurer in conservatorship;

(4) any action with respect to the insurer that is available to a policyholder; and

(5) any requirement with which a policyholder must comply.

1 V.T.C.A., Insurance Code § 441.251 et seq.
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Cite this article: FindLaw.com - Texas Insurance Code - INS § 441.152. Notice of Conservatorship - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-441-152/

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