Tex. Ins. Code Section 828.051
Exception to Limitation on Purchasing Shares of Other Company


Subchapters C and D, Chapter 425 (Reserves and Investments for Life Insurance), do not apply to a purchase or contract described by Section 828.001 (Authority to Purchase Stock for Total Assumption Reinsurance) if all requirements of this subchapter are met.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.015, eff. April 1, 2009.

Source: Section 828.051 — Exception to Limitation on Purchasing Shares of Other Company, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­828.­htm#828.­051 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 828.051’s source at texas​.gov