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Texas Insurance Code - INS § 823.307. Modification by Commissioner

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

After notice and opportunity for a hearing, the commissioner may:

(1) determine that the basis used for valuation of the stock of an affiliate does not, under the specific circumstances, reflect the value of the affiliate;  and

(2) order an adjustment in the valuation or the use of another basis of valuation provided by this subchapter.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 823.307. Modification by Commissioner - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-823-307/

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