Sec. 984.203. AUTHORITY TO CONDUCT EXAMINATION. The department may examine at any time the affairs and condition and any books or records of a Mexican casualty insurance company, at the company's expense, to determine the company's:
(1) financial condition and solvency; and
(2) compliance with the applicable laws of this state and of the company's home jurisdiction.
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 984 - Mexican Casualty Insurance Companies
Subchapter E. Regulation and Enforcement
Section 984.201. Agreement to Comply With Chapter
Section 984.202. Annual Statement
Section 984.203. Authority to Conduct Examination
Section 984.204. Authority to Revoke or Suspend Certificate of Authority