§ 401.001 Definitions
§ 401.004 Filing and Extensions for Filing of Audited Financial Report
§ 401.005 Alternative Filing for Canadian or British Insurers or Health Maintenance Organizations
§ 401.006 Exemption for Certain Small Insurers and Health Maintenance Organizations
§ 401.007 Exemption for Certain Foreign or Alien Insurers or Health Maintenance Organizations
§ 401.008 Hardship Exemption
§ 401.010 Requirements for Financial Statements in Audited Financial Report
§ 401.011 Qualifications of Accountant; Acceptance of Audited Financial Report
§ 401.012 Hearing On Accountant Qualifications; Replacement of Accountant
§ 401.013 Accountant’s Letter of Qualifications
§ 401.014 Registration of Accountant
§ 401.015 Resignation or Dismissal of Accountant; Statement Concerning Disagreements
§ 401.016 Audited Combined or Consolidated Financial Statements
§ 401.017 Notice of Adverse Financial Condition or Misstatement of Financial Condition
§ 401.018 Information Discovered After Date of Audited Financial Report
§ 401.019 Report On Significant Deficiencies in Internal Control
§ 401.020 Accountant Work Papers
§ 401.021 Penalty for Failure to Comply
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Terms Used In Texas Insurance Code Chapter 401 > Subchapter A - Independent Audit of Financial Statements

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fraud: Intentional deception resulting in injury to another.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • 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
  • Rule: includes regulation. See Texas Government Code 311.005
  • Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005