Tex. Insurance Code § 401.052
This is the official text of Tex. Insurance Code § 401.052, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 401.052. FREQUENCY OF EXAMINATION.
Official statutory text
(a) Subject to Subsection (b) and except as provided by the rules adopted under that subsection, the department shall visit and examine a carrier as frequently as the department considers necessary. At a minimum, the department shall examine a carrier not less frequently than once every five years.
(b) The commissioner shall adopt rules governing the frequency of examinations of carriers that have been organized or incorporated for less than five years.
(b) The commissioner shall adopt rules governing the frequency of examinations of carriers that have been organized or incorporated for less than five years.
Status: in_force · Read it on the official government site
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