Texas Insurance Code 228.301 – Annual Review by Comptroller
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(a) The comptroller shall conduct an annual review of each certified capital company to:
(1) ensure that the company:
(A) continues to satisfy the requirements of this chapter; and
(B) has not made any investment in violation of this chapter; and
(2) determine the eligibility status of the company’s qualified investments.
(b) Each certified capital company shall pay the cost of the annual review according to a reasonable fee schedule adopted by the comptroller.
Terms Used In Texas Insurance Code 228.301
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011