GroundRules
Tex. Insurance Code § 964.103: SUBSCRIBER REQUIREMENTS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE H. OTHER ENTITIES
- CHAPTER 964. CAPTIVE INSURANCE COMPANIES
- SUBCHAPTER C. CAPTIVE EXCHANGES
On and after the date of the captive exchange's formation, each subscriber of the captive exchange must:
(1) have an existing affiliation with each other subscriber; or
(2) satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.
Added by Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 2.01, eff. June 15, 2017.
Collected 2026-08-27T01:47:21Z. Source file · JSON