Issue Date: 2005-07-27
Revised Date: 2013-02-28

Legal Citations

Origin:

2005 by S.B. 1592, S.B. 1605, 79th Leg., R.S.

Purpose

The commissioner may require an insurer to make a deposit if the commissioner determines that one of the following conditions may potentially be hazardous to the policyholders, enrollees, creditors or to the public: financial condition of the insurer, method of operation, relationship with affiliates, nature and amount of investments, contracts that may lead to a contingent liability or agreements with respect to guaranty and surety.
Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure

Administering Agencies

Financial Activity

To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

Recodified by H.B. 2636, 80th Leg., R.S.

USAS Values

USAS Title INSURANCE SECURITIES TRUST FUND
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities