Failure to Comply with Plan of Operation

Texas Life and Health Insurance Guaranty Association · Powers and Duties of Commissioner and Department

On failure of a member insurer to comply with the plan of operation, the commissioner may suspend or revoke, after notice and hearing, the insurer's certificate of authority to engage in the business of insurance in this state.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.