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Texas Insurance Code - INS § 86.052. Authority to Bring Action to Close Affairs or Restrain Business of Domestic Insurance Company

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

Only the department may bring an action to:

(1) close the affairs of an insurance company organized under the laws of this state;  or

(2) enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 86.052. Authority to Bring Action to Close Affairs or Restrain Business of Domestic Insurance Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-86-052/

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