Tex. Insurance Code § 86.052
This is the official text of Tex. Insurance Code § 86.052, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 86.052. AUTHORITY TO BRING ACTION TO CLOSE AFFAIRS OR RESTRAIN BUSINESS OF DOMESTIC INSURANCE COMPANY.
Official statutory text
Only the department may bring an action to:
(1) close the affairs of an insurance company organized under the laws of this state; or
(2) enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state.
(1) close the affairs of an insurance company organized under the laws of this state; or
(2) enjoin, restrain, or interfere with the prosecution of the business of an insurance company organized under the laws of this state.
Status: in_force · Read it on the official government site
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