Texas § IN.964.065 - SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY
Full text of Texas The Texas Constitution § IN.964.065 — SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY, with citation guidance and answers to common questions.
§ IN.964.065. SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY
SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY. The commissioner, after notice and an opportunity for hearing, may revoke or suspend the certificate of authority of a captive insurance company for: (1) insolvency or impairment of required capital or surplus, or the equivalent, to policyholders; (2) failure to submit an annual report, as required by Section 964.060 ; (3) failure to comply with the provisions of its own charter, bylaws, rules, or other governing document; (4) failure to submit to examination, as required by Chapter 401 ; (5) failure to pay the cost of examination, as required by Chapter 401 ; (6) failure to pay any tax or fee required by this code; (7) removal of its principal office or books and records from this state without prior approval of the commissioner; (8) use of practices that render its operation detrimental to the public or its condition unsound; or (9) failure to otherwise comply with the laws of this state. 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. 1.15, eff. June 15, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.964.065
What does The Texas Constitution § IN.964.065 cover?
Section IN.964.065 ("SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY") 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.964.065?
A common citation format is "The Texas Constitution § IN.964.065" (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.964.065 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.