Tex. Insurance Code § 861.256
This is the official text of Tex. Insurance Code § 861.256, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 861.256. FAILURE TO MAKE DEPOSIT OR DELIVER ANNUAL STATEMENT.
Official statutory text
(a) If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.
(b) A general casualty company may not issue an insurance policy in violation of this section.
(b) A general casualty company may not issue an insurance policy in violation of this section.
Status: in_force · Read it on the official government site
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