Tex. Ins. Code Section 964.103
Subscriber Requirements


On and after the date of the captive exchange’s formation, each subscriber of the captive exchange must:

(1)

have an existing affiliation with each other subscriber; or

(2)

satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.
Added by Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 2.01, eff. June 15, 2017.

Source: Section 964.103 — Subscriber Requirements, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­964.­htm#964.­103 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 964.103’s source at texas​.gov