{"data":{"id":"us-tx/tex.-insurance-code-841.411","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 841.411","heading":"FORECLOSURE ON COLLATERAL.","body":"A limited purpose subsidiary life insurance company shall immediately notify the commissioner of any action by a ceding insurer or any other person to foreclose on, or otherwise take possession of, collateral provided by the limited purpose subsidiary life insurance company to secure an obligation of the company.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1173 (H.B. 3161), Sec. 1, eff. June 17, 2011.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES","CHAPTER 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES","SUBCHAPTER I. LIMITED PURPOSE SUBSIDIARY LIFE INSURANCE COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.841.htm#841.411","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"dc578a4a6ad7c0991fbeb580e5a265acd4f09afb73540ee7a830f77bdd94da24","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-841.410","next":"us-tx/tex.-insurance-code-841.412"},"notice":"GroundRules: Original legal text. Not legal advice."}