1-1 By: Smithee (Senate Sponsor - Sibley) H.B. No. 770
1-2 (In the Senate - Received from the House March 27, 1995;
1-3 March 29, 1995, read first time and referred to Committee on
1-4 Economic Development; May 23, 1995, reported favorably by the
1-5 following vote: Yeas 6, Nays 0; May 23, 1995, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the attorney for service of process of certain
1-9 insurance companies.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 1(e), Article 1.28, Insurance Code, is
1-12 amended to read as follows:
1-13 (e) Both the domestic insurance company and the controlling
1-14 person of the affiliated insurance holding company system must
1-15 appoint and maintain a person in this state as attorney for service
1-16 of process in the manner provided by Section 2(b), Article 1.36, of
1-17 this code <have duly appointed the commissioner of insurance as
1-18 their attorney for service for all judicial and administrative
1-19 processes>. The commissioner is authorized to accept service and
1-20 notify the insurance company, in the manner provided by Section 3,
1-21 Article 1.36, of this code, if the insurance company does not
1-22 appoint or maintain an attorney for acceptance of process.
1-23 SECTION 2. This Act takes effect September 1, 1995.
1-24 SECTION 3. The importance of this legislation and the
1-25 crowded condition of the calendars in both houses create an
1-26 emergency and an imperative public necessity that the
1-27 constitutional rule requiring bills to be read on three several
1-28 days in each house be suspended, and this rule is hereby suspended.
1-29 * * * * *