Sec. 2202.055. RENEWAL OF CERTIFICATE OF AUTHORITY. (a) An applicant for the renewal of a certificate of authority must file an application for renewal with the commissioner and pay the renewal fee on or before the date the certificate expires.
(b) The applicant shall file a list of the names and addresses of the association's officers and directors and a list of the association's member insurers with the application for renewal. At least one officer of the association must swear to the list.
(c) A renewed certificate of authority expires on the third anniversary of the renewal date.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2202 - Joint Underwriting
Subchapter B. Authority to Act as Joint Underwriting Association
Section 2202.051. Certificate of Authority Required
Section 2202.052. Application for Certificate of Authority
Section 2202.053. Issuance of Certificate of Authority
Section 2202.054. Term of Certificate of Authority
Section 2202.055. Renewal of Certificate of Authority