Tex. Ins. Code Section 827.002
Exemption

This chapter does not apply to a transfer of business from an insurer to a company that:

(1)

is within the same insurance group as the insurer;

(2)

is authorized to engage in the business of insurance in this state; and

(3)

is not a reciprocal or interinsurance exchange, a Lloyd’s plan, a county mutual insurance company, or a farm mutual insurance company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 206, Sec. 10.02, eff. June 1, 2003.

Source: Section 827.002 — Exemption, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­827.­htm#827.­002 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 827.002’s source at texas​.gov