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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The association shall have access to the books and records of a member insurer in receivership to determine the extent of the impact on the association if the member becomes impaired.
(b) The association may:
(1) perform or cause to be performed an actuarial and operational analysis of the member insurer; and
(2) prepare a report on matters relating to the impact or potential impact on the association in the event of impairment.
(c) A report prepared under Subsection (b) is not a public document.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 462.111. Access to Records of Member Insurer in Receivership; Actuarial and Operational Analysis - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-462-111/
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 before relying on it for your legal needs.
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