28 Tex. Admin. Code § 28.1 - Stay of Time Periods
(a) In the event that
the commissioner, supervisor, or conservator is prevented from completing his
statutory duties due to judicial or administrative order or due to operation of
law, the statutory time period fixed for the completion of the commissioner's,
supervisor's, or conservator's duties is tolled for an amount of time
equivalent to the amount of time that the judicial or administrative order or
other existing controlling law is in effect. The status of the affected company
remains unchanged during the pendency of the judicial or administrative order
or other existing controlling law. The statutory time period begins to run upon
actual or constructive notice of the final determination of the judicial or
administrative order or other existing controlling law.
(b) The commissioner shall report to the
board at the board's next regular meeting each instance a statutory time limit
is tolled as described in subsection (a) of this section.
Notes
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