Tex. Ins. Code § 4151.114

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4151.114 - Disposition of Books and Records on Termination of Written Agreement

On termination of the written agreement, an administrator may fulfill the requirements of Sections 4151.112 and 4151.113 by:

(1) delivering the books and records:

(A) to a successor administrator; or

(B) if there is not a successor administrator, to the insurer, plan, or plan sponsor; and

(2) giving written notice to the commissioner of the location of the books and records.

Tex. Ins. Code § 4151.114

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.