Texas Insurance Code 4152.207 – Compliance With Underwriting and Rating Standards of Insurer
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Terms Used In Texas Insurance Code 4152.207
- Contract: A legal written agreement that becomes binding when signed.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
A manager shall comply with the written underwriting and rating standards established by an insurer with whom the manager has entered into a contract under Section 4152.201 for the acceptance, rejection, or cession of all risks.