1. (a) Pending, during, or after an examination or investigation of a fraternal benefit society, the commissioner may not make public a financial statement, report, or finding, or permit a financial statement, report, or finding affecting the status, standing, or rights of the society to become public, until:

   1. (1) the commissioner serves a copy of the statement, report, or finding on the society at its home office; and

   2. (2) the society has been provided a reasonable opportunity to:

      1. (A) answer the statement, report, or finding; and
      2. (B) make a showing in connection with the statement, report, or finding as the society desires.
2. (b) This section does not apply to a proceeding involving a fraternal benefit society instituted by the commissioner or the state, including an administrative hearing, a proceeding under Chapter 441 or 443, or a court proceeding.

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

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.099, eff. April 1, 2009.