Sec. 981.156. EXAMINATION BY COMMISSIONER. (a) The commissioner shall examine the stamping office at any time the commissioner considers an examination necessary.
(b) The stamping office shall pay the cost of the examination.
(c) During an examination, a stamping office board member, officer, agent, or employee:
(1) may be examined under oath regarding the operation of the office; and
(2) shall make available any book, record, account, document, or agreement relating to the operation of the office.
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 I - Surplus Lines Insurers; Companies Not Organized in Texas
Chapter 981 - Surplus Lines Insurance
Subchapter D. Surplus Lines Stamping Office
Section 981.151. Status as Nonprofit Association
Section 981.152. Board of Directors
Section 981.153. Plan of Operation
Section 981.154. Powers and Duties
Section 981.155. Supervision by Commissioner
Section 981.156. Examination by Commissioner
Section 981.157. Immunity From Liability
Section 981.158. Exemption From Public Information Law