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

Tex. Insurance Code § 823.015: EXEMPTION FROM CHAPTER.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
  4. CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS
  5. SUBCHAPTER A. GENERAL PROVISIONS

The commissioner may exempt from the application of this chapter a commercially domiciled insurer that the commissioner determines has assets physically located in this state or an asset-to-liability ratio sufficient to justify the conclusion that there is no reasonable danger that the operations or conduct of the business of the insurer could present a danger of loss to the policyholders of this state.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Amended by:

Acts 2005, 79th Leg., Ch. 884 (S.B. 1283), Sec. 1, eff. September 1, 2005.

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

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