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Senate Committee on General Investigating - 55th R.S. (1957)

Committee Members
Charles Herring, Chair
Grady Hazlewood
Culp Krueger
Frank Owen III
Jarrard Secrest
Charges
• The committee shall continue the inquiries heretofore begun by the committee heretofore authorized and appointed, relative to law violations and the administration of all state laws and any of the matters pertaining to or affecting the revenues of the State government, and the expenditure of taxes, fees and assessments, and to inquire into any other affairs and activities of governmental departments and institutions of whatever kind and character, as such activities in any way affect the financial or other welfare of the government and the citizens of Texas. Said committee shall make a study of any other governmental activity, and shall have authority to investigate and inquire into any such matters.
• Summarize the facts and evidence obtained in the Committee's investigation of transactions between the Estate Life Insurance Company of Amarillo and the Physicians Life Insurance Company Receivership, represented by the State Liquidator-Receiver, State Board of Insurance; the acceptance of a "gift" from the President of Estate Life by and Insurance Department employee representing the Liquidator; and the misappropriation of Receivership property by that employee.*
• Investigate the affairs, operation and collapse of the ICT Insurance Company.*
• Determine the validity of allegations that the Texas Insurance Department had failed to take action on an examination report which contained evidence of irregular conduct by certain officials of the Preferred Life Insurance Company.*
• Make a detailed inquiry into the status and operational procedures of the State Liquidator-Receiver and the Liquidation Division, State Board of Insurance.*
• Investigate allegations that the State Comptroller of Public Accounts was losing tax revenue due to lack of enforcement of tax laws, inefficient operations, violations of statutes, and ineffective tax laws.*

Note:
Appointed by Lieutenant Governor (Senate Journal, p. 1606), pursuant to SR 347.

* This represents an abstract of the report contents. Charge text is incomplete or unavailable.

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