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

Tex. Insurance Code § 548.101: DEFINITION.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 5. PROTECTION OF CONSUMER INTERESTS
  3. SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
  4. CHAPTER 548. INSURER INSIDER TRADING AND PROXY REGULATION
  5. 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

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