Texas § IN.1505.007 - EFFECT OF COMMISSIONER DISAPPROVAL
Full text of Texas The Texas Constitution § IN.1505.007 — EFFECT OF COMMISSIONER DISAPPROVAL, with citation guidance and answers to common questions.
§ IN.1505.007. EFFECT OF COMMISSIONER DISAPPROVAL
EFFECT OF COMMISSIONER DISAPPROVAL. If, after notice and public hearing, the commissioner determines under reasonable assumptions that a premium rate charged for the insurance coverage offered under this chapter or the plan for operating and marketing that insurance is excessive, inadequate, or contrary to the public interest or that any activity or practice performed in connection with the insurance is unfair, unreasonable, or contrary to the public interest, the commissioner shall: (1) enter an order containing the commissioner's determination and disapproving the premium rate or plan or the activity or practice; and (2) require the discontinuance of the premium rate, plan, activity, or practice within a period that is not less than 30 days after the date of the commissioner's order containing the determination. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1505.007
What does The Texas Constitution § IN.1505.007 cover?
Section IN.1505.007 ("EFFECT OF COMMISSIONER DISAPPROVAL") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1505.007?
A common citation format is "The Texas Constitution § IN.1505.007" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1505.007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.