Tex. Ins. Code § 281.008

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 281.008 - Reciprocity Agreements

The comptroller by rule may enter into a reciprocity agreement with another state under which the parties agree to mutually set aside retaliatory provisions in situations in which this state and the other state determine that retaliation is not the preferred approach to protect their domestic insurers from excessive taxation or other financial obligations. In adopting rules under this section, the comptroller may not adopt a rule that does not specifically implement this section.

Tex. Ins. Code § 281.008

Added by Acts 2007, 80th Leg., R.S., Ch. 932, Sec. 16, eff. 6/15/2007.