Tex. Insurance Code § 228.104
This is the official text of Tex. Insurance Code § 228.104, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 228.104. ACTION ON APPLICATION.
Official statutory text
(a) The comptroller shall:
(1) review the application, organizational documents, and business history of each applicant; and
(2) ensure that the applicant satisfies the requirements of this chapter.
(b) Not later than the 30th day after the date an application is filed, the comptroller shall:
(1) issue the certification; or
(2) refuse to issue the certification and communicate in detail to the applicant the grounds for the refusal, including suggestions for the removal of those grounds.
(1) review the application, organizational documents, and business history of each applicant; and
(2) ensure that the applicant satisfies the requirements of this chapter.
(b) Not later than the 30th day after the date an application is filed, the comptroller shall:
(1) issue the certification; or
(2) refuse to issue the certification and communicate in detail to the applicant the grounds for the refusal, including suggestions for the removal of those grounds.
Status: in_force · Read it on the official government site
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