{"data":{"id":"us-tx/tex.-insurance-code-423.053","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 423.053","heading":"AUTHORITY TO DEPOSIT MONEY IN ACCOUNT OF REINSURER.","body":"A reinsurance agreement between a domestic insurer and an affiliate, as described by Section 823.003, must specifically authorize the deposit of money from premiums to the account of the affiliate that assumes the reinsurance.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE B. RESERVES AND INVESTMENTS","CHAPTER 423. TRANSACTIONS WITH MONEY AND OTHER ASSETS","SUBCHAPTER B. TRANSACTIONS WITH MONEY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.423.htm#423.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"f3b5b049a14fbfd15836e3dbc59c3ed277c4a1dbeb5739aabcda8d48bb384815","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-423.052","next":"us-tx/tex.-insurance-code-423.101"},"notice":"GroundRules: Original legal text. Not legal advice."}