Pending final disposition of any proceedings which attack the correctness of a rate, any insurer affected by such order may continue to charge the rate which obtained prior to such order of decrease or may charge the rate resulting from such order of increase, on condition that the difference in the premiums be deposited in a special account by said insurer, to be held in trust by said insurer, and to be retained by said insurer or paid to the holders of policies issued after the order of the Board, as the court may determine.
In all other cases, the court shall determine whether the filing of the appeal shall operate as a stay. The court may, in disposing of the issue before it, modify, affirm or reverse the order or decision of the Board in whole or in part.
Acts 1951, 52nd Leg., ch. 491.
Structure Texas Statutes
Title 1 - The Insurance Code of 1951
Chapter 5 - Rating and Policy Forms
Subchapter B. Casualty Insurance and Fidelity, Guaranty and Surety Bonds
Article 5.13. Scope of Subchapter
Article 5.13-1. Legal Service Contracts
Article 5.13-2. Rates and Forms for Certain Property and Casualty Insurance
Article 5.15-1. Professional Liability Insurance for Physicians and Health Care Providers