On a majority vote, the board:
- (1) may make recommendations to the commissioner for detecting and preventing insurer insolvencies; and
- (2) shall notify the commissioner of information indicating that a member insurer may be impaired or insolvent.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.