Tex. Ins. Code § 823.015
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The commissioner may exempt from the application of this chapter a commercially domiciled insurer that the commissioner determines has assets physically located in this state or an asset-to-liability ratio sufficient to justify the conclusion that there is no reasonable danger that the operations or conduct of the business of the insurer could present a danger of loss to the policyholders of this state.
Tex. Ins. Code § 823.015