Sec. 751.053. INFORMATION FROM COMMISSIONER. (a) At least once annually or more frequently if determined necessary by the commissioner, the commissioner shall provide in an appropriate manner to insurers and other entities subject to this code information regarding new laws and rules, enforcement actions, and other information the commissioner considers relevant to ensure compliance with market conduct requirements.
(b) The commissioner may provide the notice required under Subsection (a) in an electronic format that is designed to give insurers and other entities adequate notice.
(c) Failure by the commissioner to provide the information described by Subsection (a) does not constitute a defense for an insurer who fails to comply with an insurance law of this state.
Added by Acts 2005, 79th Leg., Ch. 291 (S.B. 14), Sec. 3, eff. September 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle G - Regulation of Insurer Market Conduct
Chapter 751 - Market Conduct Surveillance
Subchapter B. General Powers and Duties of Commissioner
Section 751.051. Participation in National Market Conduct Databases
Section 751.052. Coordination With Other States; Registration of Contract Examiner
Section 751.053. Information From Commissioner