Duration of Deposit

Tex. Insurance Code § 406.005, under Special Deposits Required Under Potentially Hazardous Conditions.

Tex. Insurance Code § 406.005

Sec. 406.005. DURATION OF DEPOSIT. Subject to Section 406.006, the comptroller shall hold a deposit required under this chapter until the commissioner issues a written order finding that the condition for which the deposit was required no longer exists. Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1C.001, eff. April 1, 2009.