Tex. Ins. Code § 2054.402

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2054.402 - Review of Board Decision By Commissioner

(a) A board decision under Section 2054.401 is subject to review by the commissioner in the manner provided by Chapter 2001, Government Code.

(b) The commissioner's review of a board decision does not suspend the operation of an act or decision of the company unless the commissioner specifically orders the suspension on a showing by an aggrieved party of:

(1) immediate, irreparable injury, loss, or damage; and

(2) probable success on the merits.

Tex. Ins. Code § 2054.402

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.