A Mexican casualty insurance company shall file in English a document executed by the company's officials expressly accepting the terms of this chapter and agreeing that the department may revoke, suspend, or refuse to grant a certificate of authority under this chapter on a determination by the commissioner that the company:
(1) is insolvent or in hazardous financial condition; or
(2) has violated an applicable law of this state or of the company's home jurisdiction.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.