Tex. Ins. Code § 1805.056 · Subchapter B. ADVISORY ORGANIZATIONS
AUDIT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The department shall require an annual audit of an advisory organization that provides statistics or other information to the department in a proceeding to set rates.
(b) The audit must:
(1) be conducted at the expense of the advisory organization under rules adopted by the commissioner; and
(2) examine the advisory organization's method of collecting, analyzing, and reporting data to ensure the accuracy of data.
(c) The audit may examine source documents within individual companies.
(d) Except for individual company information, an audit is public information.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1805.htm
- Text hash
- sha256 3e816cbed4d11e31b4a7232aee27c4c6b5ab95aab7824c123047d92a34df9c7e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.