{"data":{"id":"us-tx/tex.-insurance-code-823.015","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 823.015","heading":"EXEMPTION FROM CHAPTER.","body":"The commissioner may exempt from the application of this chapter a commercially domiciled insurer that the commissioner determines has assets physically located in this state or an asset-to-liability ratio sufficient to justify the conclusion that there is no reasonable danger that the operations or conduct of the business of the insurer could present a danger of loss to the policyholders of this state.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.\nAmended by:\nActs 2005, 79th Leg., Ch. 884 (S.B. 1283), Sec. 1, eff. September 1, 2005.","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#823.015","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"09c64976ab2fa48a674bde5ea0e93e923ec6a958bb8250bdd6c7424189992a02","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-823.0147","next":"us-tx/tex.-insurance-code-823.051"},"notice":"GroundRules: Original legal text. Not legal advice."}