2005 Texas Insurance Code CHAPTER 32. ADMINISTRATIVE POWERS AND DUTIES

INSURANCE CODE

CHAPTER 32. ADMINISTRATIVE POWERS AND DUTIES

SUBCHAPTER A. RECORDS


	§ 32.001. GIVING CERTIFIED COPIES AND CERTIFICATES.  (a) 
On request and on payment of the required fee, the department shall:
		(1)  certify a copy of a paper or a record in a 
department office and give the certified copy to any person when the 
commissioner determines that providing the copy is not prejudicial 
to the public interest;  and
		(2)  give a certificate as provided by other law.                             
	(b)  A fee collected by the department under this section 
shall be deposited in the general revenue fund to the credit of the 
Texas Department of Insurance operating account.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           


	§ 32.002. RECORD OF DEPARTMENT PROCEEDINGS.  The 
department shall maintain a complete record of the department's 
proceedings.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           


	§ 32.003. STATEMENTS REGARDING CONDITION OF EXAMINED 
COMPANIES.  The department shall maintain a concise statement of 
the condition of each company or agency visited or examined.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           

SUBCHAPTER B. REPORTS


	§ 32.021. ANNUAL REPORTS.  (a) The department shall file 
annually with the governor and the presiding officer of each house 
of the legislature a complete and detailed written report that 
includes:
		(1)  an accounting of all funds received and disbursed 
by the department during the preceding fiscal year;
		(2)  a description of the commissioner's official acts;                       
		(3)  a description of the condition of companies doing 
business in this state;  and
		(4)  other information that exhibits the affairs of the 
department.         
	(b)  The annual report required by Subsection (a) must be in 
the form and reported in the time provided by the General 
Appropriations Act.
	(c)  The department shall:                                                     
		(1)  send a copy of the annual report required by 
Subsection (a) to the insurance commissioner or other similar 
officer of every state;  and
		(2)  on request, send a copy to any company doing 
business in this state.   
	(d)  The department shall print a separate premium and loss 
report that contains and arranges in tabular form the premium and 
loss information contained in the annual statements for companies 
doing business in this state.
	(e)  The department shall file the report required by 
Subsection (d) with the Legislative Reference Library and the Texas 
State Library with the annual report required by Subsection (a).
	(f)  The department shall notify the legislature of the 
availability of the reports required by this section.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           


	§ 32.022. BIENNIAL REPORT TO LEGISLATURE.  (a)  On or 
before December 31 of each even-numbered year, the department shall 
submit to the appropriate committees of each house of the 
legislature a written report that indicates any needed changes in 
the laws relating to regulation of the insurance industry or any 
other industry or occupation under the jurisdiction of the 
department and that states the reasons for the needed changes.
	(b)  If the commissioner determines that any capital or 
surplus requirements established by this code for any insurance 
companies are inadequate, the department shall:
		(1)  include in the biennial report specific 
recommendations relating to the amounts at which the capital or 
surplus requirements should be set and the findings and evidence on 
which those recommendations are based;  and
		(2)  submit the biennial report to the governor.                              

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           


	§ 32.023. REPORTS TO OTHER STATES.  On request, the 
department shall provide to the insurance commissioner or other 
similar officer of another state information relating to a company 
of this state that does business in the other state if:
		(1)  the other state has enacted the substantial 
provisions of the insurance laws of this state;  and
		(2)  the commissioner or other similar officer has a 
legal duty to obtain the information.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.           

SUBCHAPTER C. FORMS


	§ 32.041. FORMS.  The department shall furnish to the 
companies required to report to the department the necessary forms 
for the required statements.

Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.