Sec. 821.004. REPORT TO ATTORNEY GENERAL; SUIT AGAINST INSURER. (a) The department shall report to the attorney general an insurer's failure to comply with this subchapter.
(b) On receiving a report under Subsection (a), the attorney general shall bring suit in a district court in Travis County against the insurer to cancel, forfeit, and revoke the insurer's:
(1) charter, articles of association, or articles of agreement; and
(2) certificate of authority.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Chapter 821 - General Provisions
Subchapter A. Minimum Insurance to Be Maintained by Insurer
Section 821.001. Applicability of Subchapter
Section 821.003. Minimum Requirements
Section 821.004. Report to Attorney General; Suit Against Insurer