Gavvy: Ins. Code, Sec. 2054.006. Authority of Commissioner and Department.

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section 2054.005

section 2054.007

Sec. 2054.006. Authority of Commissioner and Department.


Sec. 2054.006.  AUTHORITY OF COMMISSIONER AND DEPARTMENT.  (a)  The commissioner may regulate the company to the same extent that the commissioner may regulate a mutual insurance company.
(b)  The company is subject to the jurisdiction of the commissioner and department in the same manner as a private insurance company.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Gavvy last updated this database on: Sep 6, 2024