Tex. Ins. Code § 2251.155 · Subchapter D. PRIOR APPROVAL OF RATES UNDER CERTAIN CIRCUMSTANCES
RATE FILING APPROVAL BY COMMISSIONER; USE OF RATE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner shall approve a rate filing under this subchapter if the proposed rate is adequate, not excessive, and not unfairly discriminatory.
(b) If the commissioner approves a rate filing under this section, the commissioner shall provide the insurer with a written or electronic notification of the approval. The insurer may use the rate on receipt of the approval notice.
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.2251.htm
- Text hash
- sha256 0e4960c5284f7cb2d7c6dc0e73073f919a32b93be24162ebfb948ab7106d1207
- 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.