Sec. 823.352. LIMITATION ON POWER. The commissioner may exercise power under Section 823.351 only if:
(1) examination of the insurer under another provision of this code is inadequate; or
(2) the interests of the insurer's policyholders may be adversely affected.
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 823 - Insurance Holding Company Systems
Section 823.351. Examination of Insurer
Section 823.352. Limitation on Power
Section 823.353. Payment of Examination Costs