Sec. 463.108. DETECTION AND PREVENTION OF IMPAIRMENT AND INSOLVENCY. On a majority vote, the board: (1) may make recommendations to the commissioner for detecting and preventing insurer insolvencies; and (2) shall notify the commissioner of information indicating that a member insurer may be impaired or insolvent. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Detection and Prevention of Impairment and Insolvency
Tex. Insurance Code § 463.108, under Chapter 463.
Tex. Insurance Code § 463.108