Tex. Ins. Code § 4151.202 · Subchapter E. DEPARTMENT REGULATION OF ADMINISTRATORS
CONTENTS OF EXAMINATION; ON-SITE EVALUATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An examination under Section 4151.201 must include a review of:
(1) each existing written agreement between the administrator and an insurer or plan sponsor; and
(2) the administrator's financial statements.
(b) The commissioner also may have examiners conduct an on-site evaluation of the administrator's personnel and facilities and any books and records of the administrator relating to the transaction of business by and the financial condition of the administrator.
(c) Before an examiner enters an administrator's property, the commissioner shall give notice to the administrator of the examiner's intent to conduct an on-site evaluation. The notice must:
(1) be in the form required by rule adopted by the commissioner; and
(2) include the date and estimated time that the examiner will enter the administrator's property.
(d) An examiner shall comply with operational rules of an administrator while on the administrator's property.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.4151.htm
- Text hash
- sha256 9fd0e06fd1ec256be2004f8f00da5eaf78cb3c0b8bc05503508191825ac3f3b6
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.