{"data":{"id":"us-tx/tex.-insurance-code-964.103","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 964.103","heading":"SUBSCRIBER REQUIREMENTS.","body":"On and after the date of the captive exchange's formation, each subscriber of the captive exchange must:\n(1) have an existing affiliation with each other subscriber; or\n(2) satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.\nAdded by Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 2.01, eff. June 15, 2017.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE H. OTHER ENTITIES","CHAPTER 964. CAPTIVE INSURANCE COMPANIES","SUBCHAPTER C. CAPTIVE EXCHANGES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.964.htm#964.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"61c0cecf3df028f495cfe3e89525ac8a539b1a800ea8a07bb21a92d25384d837","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-964.102","next":"us-tx/tex.-insurance-code-964.104"},"notice":"GroundRules: Original legal text. Not legal advice."}