Texas Insurance Code 401.054 – Powers Related to Examination
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 401.054
- 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
The department or the examiner appointed by the department:
(1) has free access, and may require the carrier or the carrier’s agent to provide free access, to all books and papers of the carrier or the carrier’s agent that relate to the carrier’s business and affairs; and
(2) has the authority to summon and examine under oath, if necessary, an officer, agent, or employee of the carrier or any other person in relation to the carrier’s affairs and condition.