Texas § IN.861.701 - REVOCATION OF CERTIFICATE

Full text of Texas The Texas Constitution § IN.861.701 — REVOCATION OF CERTIFICATE, with citation guidance and answers to common questions.

§ IN.861.701. REVOCATION OF CERTIFICATE

REVOCATION OF CERTIFICATE. (a) If, as a result of an examination under Section 861.257 , the commissioner determines that a general casualty company has not complied with this chapter, the commissioner shall: (1) revoke the company's certificate of authority; and (2) notify the attorney general of the revocation. (b) On receipt of notification under Subsection (a)(2), the attorney general shall request court appointment of a receiver for the general casualty company. Under the direction of the court, the receiver shall wind up the affairs of the company. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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Frequently Asked Questions About Texas § IN.861.701

What does The Texas Constitution § IN.861.701 cover?

Section IN.861.701 ("REVOCATION OF CERTIFICATE") 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.861.701?

A common citation format is "The Texas Constitution § IN.861.701" (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.861.701 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.