Tex. Ins. Code § 2210.352 · Subchapter H. RATES; DISCOUNTS AND CREDITS
MANUAL RATE FILINGS: ANNUAL FILING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than August 15 of each year, the association shall file with the department a proposed manual rate for all types and classes of risks written by the association.
(a-1) The association may use a rate filed by the association under this section without prior commissioner approval if:
(1) the filing is made not later than the 30th day before the date of any use or delivery for use of the rate; and
(2) the filed rate does not exceed the rate used by the association in effect on the date on which the filing is made.
(a-2) The association may not file to use a rate described by Subsection (a-1) more than once per year.
(a-3) The association may not file a rate under this section that exceeds the rate in effect on the date on which the filing is made unless two-thirds of the board of directors votes to approve the rate.
(b) Except as provided by Subsection (a-1), before approving or disapproving a filing under this section, the commissioner shall provide all interested persons a reasonable opportunity to:
(1) review the filing;
(2) obtain copies of the filing on payment of any legally required copying cost; and
(3) submit to the commissioner written comments or information related to the filing.
(c) Except as provided by Subsection (a-1), the commissioner shall approve or disapprove the filing in writing not later than October 15 of the year in which the filing was made. If the filing is not approved or disapproved on or before that date, the filing is considered approved.
(d) Except as provided by Subsection (a-1), if the commissioner disapproves a filing, the commissioner shall state in writing the reasons for the disapproval and the criteria the association is required to meet to obtain approval.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1408 (H.B. 4409), Sec. 33, eff. June 19, 2009.
Acts 2021, 87th Leg., R.S., Ch. 147 (S.B. 1448), Sec. 2, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm
- Text hash
- sha256 99d82d6a48ca7e6b0bec1bc8b8b5d37f1cfb91e8d476b998e72b4e066e668c60
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 2210.352. Each shows the citation as that text prints it.
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