Sec. 463.108. DETECTION AND PREVENTION OF IMPAIRMENT AND INSOLVENCY. On a majority vote, the board:
(1) may make recommendations to the commissioner for detecting and preventing insurer insolvencies; and
(2) shall notify the commissioner of information indicating that a member insurer may be impaired or insolvent.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
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