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

Tex. Insurance Code § 828.052: RESOLUTION OF INTENTION TO REINSURE.

Where this section sits in the code

INSURANCE CODE
TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
CHAPTER 828. PURCHASE OF STOCK FOR TOTAL ASSUMPTION REINSURANCE
SUBCHAPTER B. EXCEPTION TO INVESTMENT LIMITATION

The intention to reinsure must be evidenced by a resolution adopted by the board of directors of the purchasing company on or before the purchase of the shares or the execution of a contract to purchase the shares.

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

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

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