{"data":{"id":"us-tx/tex.-insurance-code-823.003","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 823.003","heading":"CLASSIFICATION AS AFFILIATE OR SUBSIDIARY.","body":"(a) A person is an affiliate of another if the person directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with the other person.\n(b) A person is a subsidiary of another if the person is an affiliate of and is controlled by the other person directly or indirectly through one or more intermediaries.\n(c) A subsidiary or holding company of a person is an affiliate of that person.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.823.htm#823.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"e13da45fd0e26c66504641274acde4958c90625a8b02f2cc48cb3de843d7f6ac","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-823.002","next":"us-tx/tex.-insurance-code-823.004"},"notice":"GroundRules: Original legal text. Not legal advice."}