Tex. Ins. Code Section 941.156
Reinsurance Permitted


This chapter does not prevent a domestic Lloyd’s plan from reinsuring:

(1)

the Lloyd’s plan’s excess lines with a solvent foreign Lloyd’s plan acceptable to the department that does not hold a certificate of authority to engage in the business of insurance in this state; or

(2)

any business from a foreign Lloyd’s plan described by Subdivision (1).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 941.156 — Reinsurance Permitted, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­941.­htm#941.­156 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 941.156’s source at texas​.gov