Texas Insurance Code 823.353 – Payment of Examination Costs
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(a) Each registered insurer that complies with an order under § 823.351(a) shall pay the expense of the examination in accordance with Sections 401.151, 401.152, 401.155, and 401.156.
(b) The commissioner shall assess the cost of an examination under § 823.351(b) against the person examined. The controlled insurer may not directly or indirectly reimburse that person for any part of the cost.
Terms Used In Texas Insurance Code 823.353
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005