Tex. Ins. Code § 823.106 · Subchapter C. TRANSACTIONS OF REGISTERED INSURER
STANDARDS OF REVIEW; REASONS FOR DISAPPROVAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In reviewing a transaction under this subchapter, the commissioner shall consider whether the transaction:
(1) complies with the standards provided by Section 823.101; and
(2) may adversely affect the interest of the insurer's policyholders.
(b) The commissioner shall set forth the specific reasons for the disapproval of a transaction reviewed under Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.823.htm
- Text hash
- sha256 4d64c076f2226b21fde483e367909e6753e012415cb8aa76a6958a981117090c
- 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.