| (a) Revisions during the review of an application for
a certificate of authority must be addressed to: Company Licensing
and Registration Office, Mail Code 103-CL, Texas Department of Insurance,
P.O. Box 149104, Austin, Texas 78714-9104, or submitted electronically
as instructed by the department. The applicant must include a transmittal
letter and any revision specified in this subchapter.
(b) Each revision to the basic organizational documents,
bylaws, or officers and employees bond must be accompanied by a notarized
certification of the corporate secretary or corporate president of
the applicant that the revision submitted is true, accurate, and complete,
and, if the item is a copy, by a notarized certification that the
copy is a true, accurate, and complete copy of the original.
(c) If an electronic file or page is to be revised
or replaced, the modified document must be submitted with the changed
item or information clearly designated.
(d) Staff will conduct a review of the application
and notify the applicant of the need for revisions necessary to meet
the requirements of Insurance Code Chapter 843 (concerning Health
Maintenance Organizations), this chapter, and other applicable insurance
laws and regulations of this state. If the applicant does not make
the necessary revisions, the department will deny the application.
(e) If the time required for the revisions will exceed
the time limits set out in §1.809 of this title (relating to
HMO Certificate of Authority), the applicant must request additional
time within which to make the revisions. The applicant must specifically
set out the length of time requested, which may not exceed 90 days.
The commissioner may grant or deny the request for an extension of
time at the commissioner's discretion under §1.809 of this title.
(f) The applicant may request additional extensions,
but must set out in writing the need for the additional time for each
requested extension. A request must provide sufficient detail for
the commissioner to determine if good cause for the extension exists.
The commissioner may grant or deny any additional request for an extension
of time at the commissioner's discretion.
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