Tex. Insurance Code § 548.101: DEFINITION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 5. PROTECTION OF CONSUMER INTERESTS
- SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
- CHAPTER 548. INSURER INSIDER TRADING AND PROXY REGULATION
- SUBCHAPTER B. REQUIRED ACTS; PROHIBITIONS
In this subchapter, "insider" means a person who:
(1) is directly or indirectly the beneficial owner of more than 10 percent of any class of an equity security of a domestic stock insurer, other than an exempt security; or
(2) is a director or officer of a domestic stock insurer.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON