Gavvy: Ins. Code, Sec. 2205.003. Department and Commissioner Supervision.

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Sec. 2205.003. Department and Commissioner Supervision.

Sec. 2205.003. DEPARTMENT AND COMMISSIONER SUPERVISION. (a) The pool is subject to the department's continuing supervision relating to the pool's solvency.

(b) The commissioner may set minimum requirements to ensure the capability of the pool to satisfy the pool's obligations.

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