Sec. 846.057. DENIAL OF FINAL CERTIFICATE OF AUTHORITY. (a) The commissioner shall deny a final certificate of authority to an applicant that does not comply with this chapter.
(b) If the commissioner denies a final certificate of authority, the commissioner shall issue a written notice of refusal to the applicant. The notice of refusal must state the basis for the denial. The notice of refusal constitutes 30 days' advance notice of the revocation of the initial certificate of authority.
(c) If the applicant submits a written request for a hearing not later than the 30th day after the date of mailing of the notice of refusal, revocation of the initial certificate of authority is temporarily stayed, and the commissioner shall promptly conduct a hearing at which the applicant is given an opportunity to show compliance with this chapter.
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 846 - Multiple Employer Welfare Arrangements
Subchapter B. Formation and Structure of Multiple Employer Welfare Arrangements
Section 846.051. Certificate of Authority Required
Section 846.052. Application for Initial Certificate of Authority
Section 846.053. Eligibility Requirements for Initial Certificate of Authority
Section 846.054. Issuance of Initial Certificate of Authority
Section 846.055. Extension of Term of Initial Certificate of Authority
Section 846.056. Final Certificate of Authority
Section 846.057. Denial of Final Certificate of Authority
Section 846.058. Disqualification
Section 846.059. Fees; Service of Process
Section 846.060. Suspension, Revocation, or Limitation of Certificate of Authority