Commissioner May Order Revocation of Contracts

Tex. Insurance Code § 981.064, under Surplus Lines Insurance.

Tex. Insurance Code § 981.064

Sec. 981.064. COMMISSIONER MAY ORDER REVOCATION OF CONTRACTS. The commissioner may order the revocation of an insurance contract issued by an eligible surplus lines insurer that does not meet the eligibility requirements of this subchapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.