# Tex. Insurance Code § 401.002: PURPOSE OF SUBCHAPTER

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.002

## Section

- **Citation:** Tex. Insurance Code § 401.002
- **Heading:** PURPOSE OF SUBCHAPTER
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code in / Chapter 401 / Section 401.002

## Text

The purpose of this subchapter is to require an annual audit by an independent certified public accountant of the financial statements reporting the financial condition and the results of operations of each insurer or health maintenance organization.

## Nearby sections

- [Tex. Insurance Code § 401.001 § 401.001. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.001.md)
- [Tex. Insurance Code § 401.002 § 401.002. PURPOSE OF SUBCHAPTER.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.002.md)
- [Tex. Insurance Code § 401.003 § 401.003. EFFECT OF SUBCHAPTER ON AUTHORITY TO EXAMINE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.003.md)
- [Tex. Insurance Code § 401.004 § 401.004. FILING AND EXTENSIONS FOR FILING OF AUDITED FINANCIAL REPORT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.004.md)
- [Tex. Insurance Code § 401.005 § 401.005. ALTERNATIVE FILING FOR CANADIAN OR BRITISH INSURERS OR HEALTH MAINTENANCE ORGANIZATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.005.md)
- [Tex. Insurance Code § 401.006 § 401.006. EXEMPTION FOR CERTAIN SMALL INSURERS AND HEALTH MAINTENANCE ORGANIZATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.006.md)
- [Tex. Insurance Code § 401.007 § 401.007. EXEMPTION FOR CERTAIN FOREIGN OR ALIEN INSURERS OR HEALTH MAINTENANCE ORGANIZATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.007.md)
- [Tex. Insurance Code § 401.008 § 401.008. HARDSHIP EXEMPTION.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.008.md)
- [Tex. Insurance Code § 401.009 § 401.009. CONTENTS OF AUDITED FINANCIAL REPORT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.009.md)
- [Tex. Insurance Code § 401.010 § 401.010. REQUIREMENTS FOR FINANCIAL STATEMENTS IN AUDITED FINANCIAL REPORT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.010.md)
- [Tex. Insurance Code § 401.011 § 401.011. QUALIFICATIONS OF ACCOUNTANT; ACCEPTANCE OF AUDITED FINANCIAL REPORT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.011.md)
- [Tex. Insurance Code § 401.012 § 401.012. HEARING ON ACCOUNTANT QUALIFICATIONS; REPLACEMENT OF ACCOUNTANT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.012.md)
- [Tex. Insurance Code § 401.013 § 401.013. ACCOUNTANT'S LETTER OF QUALIFICATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.013.md)
- [Tex. Insurance Code § 401.014 § 401.014. REGISTRATION OF ACCOUNTANT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.014.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C401_S401.002. Check the current official text before relying on it. Not legal advice.