Tex. Insurance Code § 751.002
This is the official text of Tex. Insurance Code § 751.002, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 751.002. PURPOSE AND SCOPE.
Official statutory text
(a) The purpose of this chapter is to establish a framework for department market conduct actions, including:
(1) processes and systems for identifying, assessing, and prioritizing market conduct problems that have a substantial adverse impact on consumers, policyholders, and claimants;
(2) development of appropriate market conduct actions by the commissioner as required to:
(A) substantiate market conduct problems; and
(B) remedy significant market conduct problems; and
(3) procedures to communicate and coordinate market conduct actions with other states to foster the most efficient and effective use of resources.
(b) Notwithstanding any other law of this state, the department or commissioner, as applicable, may undertake market analysis or market conduct action only as provided by this chapter.
(1) processes and systems for identifying, assessing, and prioritizing market conduct problems that have a substantial adverse impact on consumers, policyholders, and claimants;
(2) development of appropriate market conduct actions by the commissioner as required to:
(A) substantiate market conduct problems; and
(B) remedy significant market conduct problems; and
(3) procedures to communicate and coordinate market conduct actions with other states to foster the most efficient and effective use of resources.
(b) Notwithstanding any other law of this state, the department or commissioner, as applicable, may undertake market analysis or market conduct action only as provided by this chapter.
Status: in_force · Read it on the official government site
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