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Tex. Insurance Code § 882.057

This is the official text of Tex. Insurance Code § 882.057, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 882.057. APPLICATION PROCESS.

Official statutory text

(a) After the charter fee is paid and all items required for a charter under Section 882.056 are filed with the department, the commissioner shall approve, deny, or disapprove the application.

(b) On the applicant's request, the commissioner shall hold a hearing on a denial. Not later than the 30th day after the date of the applicant's request for a hearing, the commissioner shall request a hearing date.

(c) An interested party may participate fully and in all respects in any proceeding related to the application. An intervenor has the rights and privileges of a proper or necessary party in a civil suit in the courts of this state, including the right to be represented by counsel.

Status: in_force · Read it on the official government site

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