Tex. Ins. Code § 861.256

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 861.256 - Failure to Make Deposit or Deliver Annual Statement
(a) If a general casualty company fails to make a deposit under Section 861. 252 or to deliver an annual statement under Section 861.254 in a timely manner, the department shall notify the company that the company may not issue new insurance until the deposit is made or the statement is delivered to the department.
(b) A general casualty company may not issue an insurance policy in violation of this section.

Tex. Ins. Code § 861.256

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.