Tex. Codes » Insurance Code · TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES · CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS
Texas Codes

Tex. Ins. Code § 823.106 (2026)

Standards Of Review; Reasons For Disapproval

✓ current as of May 2026
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Sec. 823.106. STANDARDS OF REVIEW; REASONS FOR DISAPPROVAL. (a) In reviewing a transaction under this subchapter, the commissioner shall consider whether the transaction:

(1) complies with the standards provided by Section 823.101; and

(2) may adversely affect the interest of the insurer's policyholders.

(b) The commissioner shall set forth the specific reasons for the disapproval of a transaction reviewed under Subsection (a).

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Notes of Decisions
Cited in 2 cases (2 in the last 5 years), 2025–2025 · leading case: In Re Bright Health Mgmt., Inc. v. the State of Texas (Tex. App. 2025).
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In Re Bright Health Mgmt., Inc. v. the State of Texas (Tex. App. 2025). · cites it 2× “6 TEX. INS. CODE § 823.106(a) .............”
Bright Health Mgmt., Inc. v. Texas Dep't of Ins. & Cantilo & Bennett, L.L.P., Special Deputy Receiver of Bright Healthcare Ins. Co. of Texas (Tex. App. 2025). · cites it 2× “3 TEX. INS. CODE § 823.106(a) .............”
Tex. Ins. Code § 823.106(a): 2 cases
In Re Bright Health Mgmt., Inc. v. the State of Texas (Tex. App. 2025). “6 TEX. INS. CODE § 823.106(a) .............”
Bright Health Mgmt., Inc. v. Texas Dep't of Ins. & Cantilo & Bennett, L.L.P., Special Deputy Receiver of Bright Healthcare Ins. Co. of Texas (Tex. App. 2025). “3 TEX. INS. CODE § 823.106(a) .............”
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