Texas Insurance Code 481.004 – Access to Deposit
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Terms Used In Texas Insurance Code 481.004
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
In accordance with reasonable rules adopted by the comptroller and the commissioner, the proper officer of an insurer making a deposit as described by this chapter may at a reasonable time:
(1) examine the deposit;
(2) detach coupons from the securities; and
(3) collect interest on the deposit.