Tex. Insurance Code § 982.254
This is the official text of Tex. Insurance Code § 982.254, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 982.254. FAILURE TO ELIMINATE IMPAIRMENT OF TRUSTEED SURPLUS.
Official statutory text
If an alien insurance company has not satisfied the commissioner at the end of the designated period under Section 982.253(a) that the impairment has been eliminated, the commissioner may proceed against the company as provided by Chapter 441 as an insurance company whose further transaction of the business of insurance in the United States will be hazardous to its policyholders in the United States.
Status: in_force · Read it on the official government site
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