{"data":{"id":"us-tx/tex.-insurance-code-281.003","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 281.003","heading":"EXCEPTION.","body":"This subchapter does not apply to a person, company, firm, association, group, corporation, or insurance organization of any kind from another state that engages in business in this state if:\n(1) at least 15 percent of the voting stock of the person, company, firm, association, group, corporation, or insurance organization is owned by a corporation organized under the laws of and domiciled in this state; and\n(2) the person, company, firm, association, group, corporation, or insurance organization met the requirements of Subdivision (1) before January 30, 1957.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES","SUBTITLE E. OTHER TAXES","CHAPTER 281. RETALIATORY PROVISIONS","SUBCHAPTER A. RETALIATORY TAXES AND OTHER CHARGES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.281.htm#281.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"e71691140d533ba10c6d6fe2d380c742d91ed16fadd148b27d56ac49d8ce60b0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-281.002","next":"us-tx/tex.-insurance-code-281.004"},"notice":"GroundRules: Original legal text. Not legal advice."}