Sec. 441.160. RETURN TO MANAGEMENT. An insurer that is rehabilitated shall be returned to management or placed under new management under reasonable conditions that best tend to prevent defeat of the purposes of the conservatorship.
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 C - Delinquent Insurers
Chapter 441 - Supervision and Conservatorship
Section 441.151. Appointment of Conservator
Section 441.152. Notice of Conservatorship
Section 441.153. Powers and Duties of Conservator
Section 441.154. Payment of Claims
Section 441.155. Reinsurance During Conservatorship
Section 441.156. Hearings During Conservatorship