Tex. Ins. Code § 481.004

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

Section 481.004 - Access to Deposit

In accordance with reasonable rules adopted by the comptroller and the commissioner, the proper officer of an insurer making a deposit as described by this chapter may at a reasonable time:

(1) examine the deposit;

(2) detach coupons from the securities; and

(3) collect interest on the deposit.

Tex. Ins. Code § 481.004

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