Tex. Ins. Code § 823.307 · Subchapter G. VALUATION OF INVESTMENT FOR FINANCIAL STATEMENT

MODIFICATION BY COMMISSIONER.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

After notice and opportunity for a hearing, the commissioner may:

(1) determine that the basis used for valuation of the stock of an affiliate does not, under the specific circumstances, reflect the value of the affiliate; and

(2) order an adjustment in the valuation or the use of another basis of valuation provided by this subchapter.

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 551283c1ae107737df38c0cc60b90ec0c1796f6bea89214dc6dcc837bcc3ca9b
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.