Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 4152.254: AUTHORITY FOR RETROCESSIONAL CONTRACTS OR PARTICIPATION IN REINSURANCE SYNDICATES.

Where this section sits in the code

INSURANCE CODE
TITLE 13. REGULATION OF PROFESSIONALS
SUBTITLE D. OTHER PROFESSIONALS
CHAPTER 4152. REINSURANCE INTERMEDIARIES
SUBCHAPTER F. REQUIREMENTS RELATING TO INSURERS

Binding authority for all retrocessional contracts or participation in reinsurance syndicates rests with an officer of the insurer. That officer may not be affiliated with a manager acting for the insurer.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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