Sec. 841.261. CAUSES OF ACTION. (a) A domestic insurance company may bring an action against any person, including a policyholder or shareholder of the company, for any cause related to the company's business.
(b) A policyholder or an heir or legal representative of a policyholder may bring an action against a domestic insurance company for a loss that accrues on a policy.
(c) An action enjoining, restraining, or interfering with the prosecution of a domestic insurance company's business may be brought only by the department.
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 C - Life, Health, and Accident Insurers and Related Entities
Chapter 841 - Life, Health, or Accident Insurance Companies
Subchapter F. General Powers, Duties, and Limitations
Section 841.251. Evidence of Expenditures
Section 841.252. Payments to Officers, Directors, and Employees
Section 841.253. Life Insurance Company's Payment of Dividends
Section 841.254. Transfer of Stock
Section 841.255. Annual Statement; Filing Fee
Section 841.256. Business in Separate Departments of Domestic Insurance Company
Section 841.257. Kinds of Business Limited
Section 841.258. Agents for Company That Ceases Writing New Business
Section 841.259. Activities of Directors and Officers