Fraudulent Operation Or Improper Contests: Revocation of Certificate of Authority

Tex. Insurance Code § 912.752, under Chapter 912.

Tex. Insurance Code § 912.752

Sec. 912.752. FRAUDULENT OPERATION OR IMPROPER CONTESTS: REVOCATION OF CERTIFICATE OF AUTHORITY. After notice and hearing, the commissioner shall revoke the certificate of authority of a county mutual insurance company that is: (1) operating fraudulently; or (2) improperly contesting the company's claims. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.