Texas § IN.964.058 - EXAMINATION BY COMMISSIONER
Full text of Texas The Texas Constitution § IN.964.058 — EXAMINATION BY COMMISSIONER, with citation guidance and answers to common questions.
§ IN.964.058. EXAMINATION BY COMMISSIONER
EXAMINATION BY COMMISSIONER. (a) After the application and application fee for a certificate of authority under Section 964.057 are filed with the department and the applicant has complied with all legal requirements, the commissioner shall conduct an examination of the applicant to determine whether: (1) the minimum capital and surplus, or the equivalent, requirements of Section 964.056 are satisfied; (2) the capital and surplus, or the equivalent, are the bona fide property of the applicant; and (3) the applicant has fully complied with applicable insurance laws. (b) The commissioner may appoint a competent and disinterested person to conduct the examination required by this section. The examiner shall file an affidavit of the examiner's findings with the commissioner. The commissioner shall record the affidavit. Added by Acts 2013, 83rd Leg., R.S., Ch. 569 (S.B. 734 ), Sec. 2, eff. June 14, 2013. Amended by: Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944 ), Sec. 1.08, eff. June 15, 2017.
Frequently Asked Questions About Texas § IN.964.058
What does The Texas Constitution § IN.964.058 cover?
Section IN.964.058 ("EXAMINATION BY COMMISSIONER") 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.964.058?
A common citation format is "The Texas Constitution § IN.964.058" (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.964.058 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.