reglab/housing_qa huggingface dataset:
TX Ins Code § 493.107 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter C. Credit for Reinsurance|Section 493.107. Request for Information From Assuming Insurer

Sec. 493.107.  REQUEST FOR INFORMATION FROM ASSUMING INSURER.  (a)  The commissioner may request that an assuming insurer not meeting the requirements of Section 493.102 file:(1)  financial statements certified and audited by an independent certified public accountant;(2)  a certified copy of the certificate or letter of authority from the domiciliary jurisdiction; and(3)  information on the principals and management of the assuming insurer.(b)  If an assuming insurer does not comply with a request under this section, the commissioner may issue a directive prohibiting all authorized insurers from taking credit for business ceded to the assuming insurer after the effective date of the directive.(c)  An unauthorized insurer that is included in the most recent quarterly listing published by the International Insurers Department of the National Association of Insurance Commissioners is considered to have complied with a request under this section.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 493.151 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.151. Applicability of Subchapter

Sec. 493.151.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies to:(1)  a trust that is used to qualify for a reinsurance credit under Section 493.102(a)(3) and as described by Sections 493.1036(e) and (f); and(2)  the assuming insurer that maintains the trust fund.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.Amended by: Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.06, eff. September 1, 2017.|
TX Ins Code § 493.153 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.153. Form of Trust

Sec. 493.153.  FORM OF TRUST.  (a)  The trust must be established in a form approved by the commissioner or an insurance commissioner or other chief insurance regulatory official of another state who, under the trust instrument, has principal regulatory oversight over the trust.(b)  A copy of the trust instrument and any amendment to the trust instrument must be filed with the insurance commissioner or other chief insurance regulatory official of each state in which the ceding insurer beneficiaries of the trust are domiciled.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.Amended by: Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.08, eff. September 1, 2017.|
TX Ins Code § 493.154 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.154. Terms of Trust

Sec. 493.154.  TERMS OF TRUST.  (a)  The trust instrument must provide that contested claims are valid and enforceable on the final order of any court in the United States.(b)  The trust must vest legal title to the trust's assets in the trustees of the trust for:(1)  the trust's United States policyholders and ceding insurers; and(2)  the policyholders' and ceding insurers' assigns and successors in interest.(c)  The trust must remain in effect as long as the assuming insurer has outstanding obligations under a reinsurance contract subject to the trust.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 493.156 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.156. Certain Trusteed Assuming Insurers: Requirements for Reinsurance Contract

Sec. 493.156.  CERTAIN TRUSTEED ASSUMING INSURERS:  REQUIREMENTS FOR REINSURANCE CONTRACT.  (a)  A ceding insurer may not be allowed credit under Section 493.102(a)(3) for reinsurance ceded to an assuming insurer that is not authorized, accredited, or certified to engage in the business of insurance or reinsurance in this state unless the assuming insurer agrees in the reinsurance contract:(1)  that, if the assuming insurer fails to perform the assuming insurer's obligations under the reinsurance contract, the assuming insurer, at the request of the ceding insurer, will:(A)  submit to the jurisdiction of a court in any state of the United States;(B)  comply with all requirements necessary to give the court jurisdiction; and(C)  abide by the final decision of that court or, if the court's decision is appealed, of the appellate court; and(2)  to designate the commissioner or an attorney as an agent for service of process in any action, suit, or proceeding instituted by or on behalf of the ceding insurer.(b)  This section is not intended to conflict with or override a provision in a reinsurance contract that requires the parties to arbitrate the parties' disputes.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.Amended by: Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.10, eff. September 1, 2017.|
TX Ins Code § 493.1561 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.1561. Certain Trusteed Assuming Reinsurers; Requirements for Trust Agreement

Sec. 493.1561.  CERTAIN TRUSTEED ASSUMING REINSURERS; REQUIREMENTS FOR TRUST AGREEMENT.  (a)  In this section, "commissioner" means the insurance commissioner or other chief insurance regulatory official with principal regulatory oversight over the trust.(b)  If the assuming insurer does not meet the requirements of Section 493.102(a)(1) or (2), the credit permitted by Section 493.102(a)(3) or (4) may not be allowed unless the assuming insurer agrees in the trust agreement that:(1)  notwithstanding any other provisions in the trust agreement, the trustee shall comply with an order of the commissioner or a court ordering the trustee to transfer to the commissioner all assets of the trust fund if:(A)  the trust fund is inadequate because the trust fund contains an amount that is less than the amount required by this subchapter; or(B)  the grantor of the trust has been declared insolvent or placed into receivership, rehabilitation, or liquidation or a similar proceeding under the laws of the grantor's domiciliary state or country;(2)  claims in a proceeding described by Subdivision (1)(B) must be filed with the commissioner;(3)  the commissioner shall value the claims described by Subdivision (2) and distribute the assets of the trust under the laws of the trust's domiciliary state applicable to the liquidation of a domestic insurance company;(4)  if the commissioner determines that all or part of the trust assets are unnecessary to satisfy the claims of the grantor's ceding insurers domiciled in the United States, the commissioner shall return those unnecessary assets to the trustee for distribution in accordance with the trust agreement; and(5)  the grantor waives any right available under federal or state law that is inconsistent with this section.|Added by Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.11, eff. September 1, 2017.|
TX Ins Code § 493.157 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 493 - Authorized Reinsurance; Credit and Accounting|Subchapter D. Requirements for Trust Credit Allowance|Section 493.157. Examination of Trust and Assuming Insurer

Sec. 493.157.  EXAMINATION OF TRUST AND ASSUMING INSURER.  The trust and the assuming insurer are subject to examination as determined by the commissioner.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 501.001 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter A. General Provisions|Section 501.001. Definition

Sec. 501.001.  DEFINITION.  In this chapter, "office" means the office of public insurance counsel.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.002 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter A. General Provisions|Section 501.002. Office of Public Insurance Counsel

Sec. 501.002.  OFFICE OF PUBLIC INSURANCE COUNSEL.  The independent office of public insurance counsel represents the interests of insurance consumers in this state.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.003 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter A. General Provisions|Section 501.003. Sunset Provision

Sec. 501.003.  SUNSET PROVISION.  The office is subject to Chapter 325, Government Code (Texas Sunset Act).  Unless continued in existence as provided by that chapter, the office is abolished September 1, 2025.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.Amended by: Acts 2005, 79th Leg., Ch. 1227 (H.B. 1116), Sec. 2.06, eff. September 1, 2005.Acts 2009, 81st Leg., 1st C.S., Ch. 2 (S.B. 2), Sec. 1.07, eff. July 10, 2009.Acts 2011, 82nd Leg., R.S., Ch. 1231 (S.B. 647), Sec. 1, eff. September 1, 2011.Acts 2021, 87th Leg., R.S., Ch. 850 (S.B. 713), Sec. 2.02, eff. June 16, 2021.|
TX Ins Code § 501.004 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter A. General Provisions|Section 501.004. Public Interest Information

Sec. 501.004.  PUBLIC INTEREST INFORMATION.  (a)  The office shall prepare information of public interest describing the functions of the office.(b)  The office shall make the information available to the public and appropriate state agencies.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.005 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter A. General Provisions|Section 501.005. Access to Programs and Facilities

Sec. 501.005.  ACCESS TO PROGRAMS AND FACILITIES.  (a)  The office shall prepare and maintain a written plan that describes how a person who does not speak English can be provided reasonable access to the office's programs.(b)  The office shall comply with federal and state laws for program and facility accessibility.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.051 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.051. Appointment; Term

Sec. 501.051.  APPOINTMENT;  TERM.  (a)  The governor, with the advice and consent of the senate, shall appoint a public counsel to serve as the executive director of the office.  The public counsel serves a two-year term that expires on February 1 of each odd-numbered year.(b)  The governor shall appoint the public counsel without regard to the race, color, disability, sex, religion, age, or national origin of the appointee.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.052 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.052. Qualifications

Sec. 501.052.  QUALIFICATIONS.  To be eligible to serve as public counsel, a person must:(1)  be licensed to practice law in this state;(2)  have demonstrated a strong commitment to and involvement in efforts to safeguard the rights of the public;  and(3)  possess the knowledge and experience necessary to practice effectively in insurance proceedings.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.053 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.053. Business Interest; Service as Public Counsel

Sec. 501.053.  BUSINESS INTEREST;  SERVICE AS PUBLIC COUNSEL.  A person is not eligible for appointment as public counsel if the person or the person's spouse:(1)  is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;(2)  owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department or the office;  or(3)  uses or receives a substantial amount of tangible goods, services, or funds from the department or the office, other than compensation or reimbursement authorized by law for department or office membership, attendance, or expenses.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.054 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.054. Lobbying Activities

Sec. 501.054.  LOBBYING ACTIVITIES.  A person may not serve as public counsel or act as general counsel to the office if the person is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation related to the operation of the department or the office.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.055 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.055. Grounds for Removal

Sec. 501.055.  GROUNDS FOR REMOVAL.  (a)  It is a ground for removal from office if the public counsel:(1)  does not have at the time of appointment or maintain during service as public counsel the qualifications required by Section 501.052;(2)  violates a prohibition established by Section 501.053, 501.054, 501.056, or 501.102;  or(3)  cannot, because of illness or disability, discharge the public counsel's duties for a substantial part of the public counsel's term.(b)  The validity of an action of the office is not affected by the fact that the action is taken when a ground for removal of the public counsel exists.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.056 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter B. Public Counsel|Section 501.056. Prohibited Representation or Employment

Sec. 501.056.  PROHIBITED REPRESENTATION OR EMPLOYMENT.  A former public counsel may not represent any person or receive compensation for services rendered on behalf of any person regarding a case pending before the commissioner or department before the second anniversary of the date the person ceases to serve as public counsel.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.101 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter C. Personnel|Section 501.101. Office Personnel

Sec. 501.101.  OFFICE PERSONNEL.  (a)  The public counsel shall employ professional, technical, and other employees necessary to implement this chapter.(b)  Compensation for an employee shall be set under the General Appropriations Act as provided by the legislature.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.102 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter C. Personnel|Section 501.102. Trade Associations

Sec. 501.102.  TRADE ASSOCIATIONS.  (a)  In this section, "trade association" means a nonprofit, cooperative, and voluntarily joined association of business or professional competitors designed to assist its members and its industry or profession in dealing with mutual business or professional problems and in promoting their common interest.(b)  A person may not serve as public counsel or be an employee of the office who is exempt from the state's position classification plan or is compensated at or above the amount prescribed by the General Appropriations Act for step 1, salary group A17, of the position classification salary schedule if the person is:(1)  an officer, employee, or paid consultant of a trade association in the field of insurance;  or(2)  the spouse of an officer, manager, or paid consultant of a trade association in the field of insurance.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.103 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter C. Personnel|Section 501.103. Career Ladder Program; Performance Evaluations

Sec. 501.103.  CAREER LADDER PROGRAM;  PERFORMANCE EVALUATIONS.  (a)  The public counsel or the public counsel's designee shall develop an intra-agency career ladder program.  The program must require intra-agency posting of all nonentry level positions concurrently with any public posting.(b)  The public counsel or the public counsel's designee shall develop a system of annual performance evaluations.  All merit pay for office employees must be based on the system established under this subsection.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.104 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter C. Personnel|Section 501.104. Equal Employment Opportunity Policy; Report

Sec. 501.104.  EQUAL EMPLOYMENT OPPORTUNITY POLICY;  REPORT.  (a)  The public counsel or the public counsel's designee shall prepare and maintain a written policy statement to ensure implementation of an equal employment opportunity program under which all personnel transactions are made without regard to race, color, disability, sex, religion, age, or national origin.  The policy statement must include:(1)  personnel policies, including policies relating to recruitment, evaluation, selection, appointment, training, and promotion of personnel that are in compliance with the requirements of Chapter 21, Labor Code;(2)  a comprehensive analysis of the office workforce that meets federal and state guidelines;(3)  procedures by which a determination can be made about areas of significant underuse in the office workforce of all persons for whom federal or state guidelines encourage a more equitable balance;  and(4)  reasonable methods to appropriately address those areas of significant underuse.(b)  A policy statement prepared under Subsection (a) must:(1)  cover an annual period;(2)  be updated at least annually;(3)  be reviewed by the Commission on Human Rights for compliance with Subsection (a)(1);  and(4)  be filed with the governor.(c)  The governor shall deliver a biennial report to the legislature based on the information received under Subsection (b).  The report may be made separately or as a part of other biennial reports to the legislature.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.105 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter C. Personnel|Section 501.105. Qualifications and Standards of Conduct

Sec. 501.105.  QUALIFICATIONS AND STANDARDS OF CONDUCT.  The office shall provide to the public counsel and office employees, as often as necessary, information regarding their:(1)  qualifications for office or employment under this chapter;  and(2)  responsibilities under applicable laws relating to standards of conduct for state officers or employees.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.151 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter D. Powers and Duties|Section 501.151. Powers and Duties of Office

Sec. 501.151.  POWERS AND DUTIES OF OFFICE.  The office:(1)  may assess the impact of insurance rates, rules, and forms on insurance consumers in this state;  and(2)  shall advocate in the office's own name positions determined by the public counsel to be most advantageous to a substantial number of insurance consumers.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 501.152 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle A - Public Insurance Counsel|Chapter 501 - Office of Public Insurance Counsel|Subchapter D. Powers and Duties|Section 501.152. Administration of Office

Sec. 501.152.  ADMINISTRATION OF OFFICE.  The public counsel shall administer and enforce this chapter, including preparing and submitting to the legislature a budget for the office and approving expenditures for professional services, travel, per diem, and other actual and necessary expenses incurred in administering the office.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|