Insurance Code § 2053.007 — United States — Texas law | Esheria

Insurance Code § 2053.007

The commissioner may hold a hearing and disapprove an in-effect rate. Before the hearing, the commissioner must give the filing insurance company written notice at least 10 days in advance. If the rate is disapproved, the commissioner must issue the order within 15 days after the hearing closes and state why the rate f

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Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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administrative order hearing notice rate disapproval

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Statute overview

About this statute

The commissioner may hold a hearing and disapprove an in-effect rate. Before the hearing, the commissioner must give the filing insurance company written notice at least 10 days in advance. If the rate is disapproved, the commissioner must issue the order within 15 days after the hearing closes and state why the rate fails the subchapter and when further use is prohibited.