Tex. Insurance Code § 463.401
This is the official text of Tex. Insurance Code § 463.401, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 463.401. APPEAL TO COMMISSIONER.
Official statutory text
(a) Not later than the 60th day after the date of a final action of the association or the board, a member insurer may appeal the action to the commissioner.
(b) A member insurer appealing an assessment shall pay the assessment to the association. The association may use the money to meet the association's obligations while the appeal is pending. If the appeal on the assessment is upheld, the association shall return to the insurer the amount paid in error or in excess of the amount the commissioner determines the insurer was obligated to pay.
(b) A member insurer appealing an assessment shall pay the assessment to the association. The association may use the money to meet the association's obligations while the appeal is pending. If the appeal on the assessment is upheld, the association shall return to the insurer the amount paid in error or in excess of the amount the commissioner determines the insurer was obligated to pay.
Status: in_force · Read it on the official government site
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