- (a) The commissioner or his designated representative is authorized to make a complete on-site visit examination of the affairs of each licensed administrator as often as is deemed necessary.
- (b) Administrators will be notified of the scheduled on-site visit by letter, which will specify, as a minimum, the identity of the commissioner's designated representative and the expected arrival date and time.
(c) The administrator must make available during such on-site visits all books and records relating to its operation, including but not limited to, the information specified in paragraphs (1) and (2) of this subsection:
- (1) complete copies of any written agreements as defined in the Insurance Code, Article 21.07-6, §11; and
- (2) financial statements.
Source Note:The provisions of this §7.1610 adopted to be effective September 14, 1994, 19 TexReg 6855.