Sec. 401.103. APPOINTMENT OF EXAMINERS AND ACTUARIES. (a) The department shall appoint:
(1) a chief examiner and the number of assistant examiners the department considers necessary to conduct examinations of insurance companies, corporations, and associations at the expense of the insurance company, corporation, or association as provided by law; and
(2) the number of actuaries the department considers necessary to:
(A) advise the department in connection with the performance of the department's duties; and
(B) otherwise aid and counsel the department in connection with the examinations.
(b) The department may increase or decrease the number of examiners or actuaries as needed for examination duties.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle A - General Provisions
Chapter 401 - Audits and Examinations
Subchapter C. Examiners and Actuaries
Section 401.101. Use of Department Examiner or Other Qualified Person or Firm
Section 401.102. Legislative Intent as to Appointment or Employment of Examiners and Actuaries
Section 401.103. Appointment of Examiners and Actuaries
Section 401.104. Appointment of Examiners, Actuaries, and Other Persons for Certain Examinations
Section 401.105. Oath of Examiners and Assistants