There is a newer version
of
this Section
2019 Texas Statutes
Insurance Code
Title 4 - Regulation of Solvency
Subtitle A - General Provisions
Chapter 406 - Special Deposits Required Under Potentially Hazardous Conditions
Section 406.005. Duration of Deposit
Universal Citation: TX Ins Code § 406.005 (2019)
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.
Disclaimer: These codes may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
