Legislation
SECTION 1613
Expenses for group-wide supervision
Insurance (ISC) CHAPTER 28, ARTICLE 16
§ 1613. Expenses for group-wide supervision. An authorized domestic
insurer shall be liable for and shall pay the reasonable expenses of the
superintendent's participation in the administration of group-wide
supervision of internationally active insurance groups, including the
engagement of attorneys, actuaries, and any other professionals and all
reasonable travel expenses.
insurer shall be liable for and shall pay the reasonable expenses of the
superintendent's participation in the administration of group-wide
supervision of internationally active insurance groups, including the
engagement of attorneys, actuaries, and any other professionals and all
reasonable travel expenses.