SECTION 5.8004. Interpretations

(a) After entering an order with respect to any matter specified in the Insurance Code, Article 5.96, §(a), or Article 5.97, §(a), the board is required by Article 5.96, §(h), or Article 5.97, §(i), to file a notice of its action for publication in the Texas Register. Matters specified in Article 5.96, §(a), and Article 5.97, §(a), do not include the denial of a petition.

(b) Before the effective date of action, the board is required by the Insurance Code, Article 5.96, §(h), and Article 5.97, §(i), to cause notice of its order to be sent to various persons as specified in the statute. The statute in those sections refers to matters specified in Article 5.96, §(a), or Article 5.97, §(a). Those matters do not include the denial of a petition.

(c) Under the Insurance Code, Article 5.96, §(h), and Article 5.97, §(i), the board may cause notice of affirmative action taken to be mailed to the persons and parties specified by statute either through its own offices or by direction to or arrangement with a checking office, advisory organization, or other entity.

(d) Except for emergency matters, the board may not act on a petition until it has been available for public inspection for at least 15 days after the date of its filing. The petitioner may change a petition after it is filed but before the board takes action. The 15-day period will begin to run again after such a change, unless the changes are clearly nonsubstantive and editorial in nature, in which case the original filing date remains effective.

Source Note: The provisions of this §5.8004 adopted to be effective March 19, 1984, 9 TexReg 1357.