Access To Records of Member Insurer In Receivership; Actuarial and Operational Analysis

Sec. 462.111. ACCESS TO RECORDS OF MEMBER INSURER IN RECEIVERSHIP; ACTUARIAL AND OPERATIONAL ANALYSIS. (a) The association shall have access to the books and records of a member insurer in receivership to determine the extent of the impact on the association if the member becomes impaired. (b) The association may: (1) perform or cause to be performed an actuarial and operational analysis of the member insurer; and (2) prepare a report on matters relating to the impact or potential impact on the association in the event of impairment. (c) A report prepared under Subsection (b) is not a public document. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.