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Texas Insurance Code - INS § 861.256. Failure to Make Deposit or Deliver Annual Statement

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

(a) If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.

(b) A general casualty company may not issue an insurance policy in violation of this section.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 861.256. Failure to Make Deposit or Deliver Annual Statement - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-861-256/

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