Tex. Insurance Code § 823.106
This is the official text of Tex. Insurance Code § 823.106, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 823.106. STANDARDS OF REVIEW; REASONS FOR DISAPPROVAL.
Official statutory text
(a) In reviewing a transaction under this subchapter, the commissioner shall consider whether the transaction:
(1) complies with the standards provided by Section 823.101; and
(2) may adversely affect the interest of the insurer's policyholders.
(b) The commissioner shall set forth the specific reasons for the disapproval of a transaction reviewed under Subsection (a).
(1) complies with the standards provided by Section 823.101; and
(2) may adversely affect the interest of the insurer's policyholders.
(b) The commissioner shall set forth the specific reasons for the disapproval of a transaction reviewed under Subsection (a).
Status: in_force · Read it on the official government site
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