Section 803.005 - Control of Books, Records, Accounts, and Offices(a) The books, records, accounts, or offices of a domestic company must be under the company's direct supervision, management, and control.(b) The ultimate controlling person of an insurance holding company system affiliated with a domestic company, or the immediate or intermediate controlling person of the domestic company, must be domiciled, licensed, or admitted to transact business in a jurisdiction in the United States.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.