Tex. Ins. Code § 827.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 827.002 - Exemption

This chapter does not apply to a transfer of business from an insurer to a company that:

(1) is within the same insurance group as the insurer;

(2) is authorized to engage in the business of insurance in this state; and

(3) is not a reciprocal or interinsurance exchange, a Lloyd's plan, a county mutual insurance company, or a farm mutual insurance company.

Tex. Ins. Code § 827.002

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.

Amended by Acts 2003, 78th Leg., ch. 206, Sec. 10.02, eff. 6/1/2003.