Tex. Ins. Code § 228.202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 228.202 - Relocation of Principal Business Operations

If, before the 90th day after the date a certified capital company makes an investment in a qualified business, the qualified business moves the business's principal business operations from this state, the investment may not be considered a qualified investment for purposes of the percentage requirements under this chapter.

Tex. Ins. Code § 228.202

Added by Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 1B.001, eff. 4/1/2009.