(a) A person who files a statement under § 823.154 shall pay the expenses of mailing each related notice required by the commissioner.
(b) As security for the payment of the expenses, the person, at the request of the commissioner or the domestic insurer, shall file with the commissioner an acceptable bond or other deposit in an amount determined by the commissioner.

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Terms Used In Texas Insurance Code 823.156

  • 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