SECTION 4.2803. Commissioner Discretion

The commissioner may require any company, otherwise exempt from asset adequacy analysis requirements in this subchapter, to provide an actuarial opinion and actuarial memorandum that complies with the asset adequacy analysis requirements in this subchapter including requirements in §4.2806 of this title (relating to Statement of Actuarial Opinion Based on an Asset Adequacy Analysis) and in §4.2807 of this title (relating to Description of Actuarial Memorandum Including an Asset Adequacy Analysis and Regulatory Asset Adequacy Issues Summary) if, in the opinion of the commissioner, an asset adequacy analysis is necessary with respect to the company.

Source Note: The provisions of this §4.2803 adopted to be effective June 20, 2005, 30 TexReg 3589; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127; amended to be effective January 24, 2024, 49 TexReg 250