(a) Notice. Within 25 days of receipt of a form from a company for which no forms have been approved by the agency, the agency shall determine a filing to be complete or deficient for purposes of submission for review and shall issue written notice to the company regarding the status of the form. For purposes of this section, a form is a policy, contract, certificate of insurance, or other form set out in the Insurance Code, Article 3.42.
(1) Complete filing. (2) Deficient filing. (b) Processing of forms. (1) Within 60 days after a form is accepted for filing for review, the agency shall review it and approve or disapprove it; provided that the insurer may request in writing that the period for reviewing a form be extended for an additional period of time, not to exceed 60 days. (2) A form that is accepted for filing for review is deemed accepted for filing as of the date the agency receives it. (3) The request for extension shall be considered granted upon its receipt by the agency.
Source Note: The provisions of this §1.811 adopted to be effective January 20, 1989, 14 TexReg 114.