Sec. 441.204. REVIEW AND STAY OF CERTAIN ACTS OF SUPERVISOR OR CONSERVATOR. (a) An insurer under supervision or conservatorship may request the commissioner or, in the commissioner's absence, the commissioner's appointed deputy to review an action taken or proposed to be taken by the supervisor or conservator.
(b) A request for review under this section must specify the manner in which the action is believed to not be in the insurer's best interests.
(c) A request for review under this section stays the specified action pending review by the commissioner or the commissioner's deputy.
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
Subchapter E. Provisions Applying to Supervision and Conservatorship
Section 441.201. Confidentiality
Section 441.202. Costs of Supervision and Conservatorship
Section 441.203. Collection of Fees From Rehabilitated Insurer
Section 441.204. Review and Stay of Certain Acts of Supervisor or Conservator
Section 441.205. Appeal of Certain Orders
Section 441.206. Ex Parte Meeting With Commissioner
Section 441.207. Insurer Employees During Supervision or Conservatorship