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

Tex. Insurance Code § 703.104: TREATMENT OF DEDUCTION OR OFFSET AS ADMITTED ASSET.

Where this section sits in the code

INSURANCE CODE
TITLE 5. PROTECTION OF CONSUMER INTERESTS
SUBTITLE F. INSURANCE FRAUD AND IDENTITY THEFT
CHAPTER 703. COVERED ENTITY'S ANTIFRAUD ACTION
SUBCHAPTER C. EXPENSES OF ANTIFRAUD ACTION

A covered entity or a covered entity's assignee entitled to an offset or deduction that has not been used may show, in the covered entity's or assignee's books and records, the balance of the deduction or offset as an admitted asset for any purpose.

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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