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Tex. Ins. Code § 555.002

REVOCATION OF CERTIFICATE OF AUTHORITY

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff

If an execution issued on a final judgment rendered against an insurer is not satisfied and discharged before the 31st day after the date of notice of the execution's issuance, the insurer's certificate of authority shall be revoked, and the insurer may not engage in the business of insurance in this state until the execution is satisfied.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.