Insurance Code § 462.351
An impaired insurer in receivership generally cannot be allowed to issue new or renewal policies after release until advances are repaid, but the commissioner may allow new policies on application and may impose needed restrictions.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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policy issuance receivership reinsurance/renewal restrictions repayment of advances
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Insurance Code § 462.351
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