Tex. Ins. Code Section 803.005
Control of Books, Records, Accounts, and Offices


(a)

The books, records, accounts, or offices of a domestic company must be under the company’s direct supervision, management, and control.

(b)

The ultimate controlling person of an insurance holding company system affiliated with a domestic company, or the immediate or intermediate controlling person of the domestic company, must be domiciled, licensed, or admitted to transact business in a jurisdiction in the United States.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 803.005 — Control of Books, Records, Accounts, and Offices, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­803.­htm#803.­005 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 803.005’s source at texas​.gov