Tex. Ins. Code § 228.104 · Subchapter C. APPLICATION FOR AND GENERAL OPERATION OF CERTIFIED CAPITAL COMPANIES
ACTION ON APPLICATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The comptroller shall:
(1) review the application, organizational documents, and business history of each applicant; and
(2) ensure that the applicant satisfies the requirements of this chapter.
(b) Not later than the 30th day after the date an application is filed, the comptroller shall:
(1) issue the certification; or
(2) refuse to issue the certification and communicate in detail to the applicant the grounds for the refusal, including suggestions for the removal of those grounds.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.228.htm
- Text hash
- sha256 66f300adb3f655cfbe86971d3f0d24909066e290c934653b97605c6c94ad33fe
- 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 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 228.104. Each shows the citation as that text prints it.
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.