Tex. Ins. Code § 885.411 · Subchapter I. REGULATION OF FRATERNAL BENEFIT SOCIETIES
EXAMINATION OF FOREIGN FRATERNAL BENEFIT SOCIETIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner or a person appointed by the commissioner may examine a foreign fraternal benefit society transacting or applying for admission to engage in business in this state. The commissioner may employ assistants for this purpose.
(b) The commissioner or a person appointed by the commissioner to examine a foreign fraternal benefit society:
(1) is entitled to free access to all books, papers, and documents that relate to the business of the society; and
(2) may summon, qualify as witnesses under oath, and examine the society's officers, agents, and employees and other persons in relation to the affairs, transactions, and conditions of the society.
(c) Instead of an examination under this section, the commissioner may accept the examination of the insurance department of the state, territory, district, province, or country in which a foreign fraternal benefit society is organized.
(d) If a foreign fraternal benefit society or the society's officers refuse to permit an examination under this section or to comply with the provisions of law relating to an examination, the commissioner shall suspend the society's authority to write new business in this state or refuse the society's application for a certificate of authority. A suspension or refusal under this subsection continues until the commissioner receives satisfactory evidence relating to the condition and affairs of the society. A foreign fraternal benefit society may not write any new business in this state during a suspension under this subsection.
(e) A foreign fraternal benefit society is subject to the provisions of Subchapter A, Chapter 86, and Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156 that apply to an insurer that is not organized under the laws of this state but is authorized to engage in business in this state.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.098, 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.885.htm
- Text hash
- sha256 9d78942085bf51917e63b83a3f45c89ee7c87a9e2852d4e8bbdd5a2a2c44c6e9
- 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.
Insurance Code
- Tex. Ins. Code ch. 86, subch. AREVOCATION OR MODIFICATION OF CERTIFICATE OF AUTHORITYPrinted as Subchapter A, Chapter 86
- Tex. Ins. Code § 401.051DUTY TO EXAMINE CARRIERS.Printed as Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 401.156DEPOSIT AND USE OF ASSESSMENT AND FEE.Printed as Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156
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.