| (a) By sending written notice to TDI, an insurer may
waive the deadlines by which the Commissioner, under Insurance Code
§2301.006, must approve or disapprove a form before it is deemed
approved.
(b) An insurer that waives the deadlines referenced
in subsection (a) of this section may opt to withdraw its waiver.
For the withdrawal to be effective, the insurer must provide written
notice of withdrawal and the withdrawal must be acknowledged by TDI
in writing. Subject to §5.9324(d) of this title, the deemer period
described by Insurance Code §2301.006 will begin on acknowledgement
of the withdrawal.
|
