Tex. Ins. Code Section 828.054
Approval Required


A purchase, offer to purchase, tender offer, request to purchase, or invitation to purchase shares in excess of the limits imposed under Subchapter C or D, Chapter 425 (Reserves and Investments for Life Insurance), may not be made until it is filed with and approved by the commissioner in accordance with Chapter 823 (Insurance Holding Company Systems).
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.016, eff. April 1, 2009.

Source: Section 828.054 — Approval Required, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­828.­htm#828.­054 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 828.054’s source at texas​.gov