Tex. Ins. Code Section 548.102
Statement of Beneficial Ownership of Equity Securities


(a)

Not later than the 10th day after the date a person becomes an insider, the insider shall file with the department a statement of the amount of all equity securities of the insurer of which the insider is a beneficial owner.

(b)

If in any month a change occurs in the amount of the equity securities of which the insider is a beneficial owner, the insider shall file with the department not later than the 10th day of the following month a statement that indicates:

(1)

the amount of all equity securities of which the insider is a beneficial owner as of the end of that month; and

(2)

the changes in the insider’s ownership that occurred in that month.

(c)

A statement under this section must be in the form prescribed by the department.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Source: Section 548.102 — Statement of Beneficial Ownership of Equity Securities, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­548.­htm#548.­102 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 548.102’s source at texas​.gov