Tex. Ins. Code § 32.022 · Subchapter B. REPORTS
BIENNIAL REPORT TO LEGISLATURE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On or before December 31 of each even-numbered year, the department shall submit to the appropriate committees of each house of the legislature a written report that indicates any needed changes in the laws relating to regulation of the insurance industry or any other industry or occupation under the jurisdiction of the department and that states the reasons for the needed changes.
(b) If the commissioner determines that any capital or surplus requirements established by this code for any insurance companies are inadequate, the department shall:
(1) include in the biennial report specific recommendations relating to the amounts at which the capital or surplus requirements should be set and the findings and evidence on which those recommendations are based; and
(2) submit the biennial report to the governor.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.32.htm
- Text hash
- sha256 068a9bfe15b197ae989d3e4bd80e0994d0985da057b45c70924e0fd23998d88f
- 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 § 32.022. 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.