Tex. Ins. Code § 912.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 912.005 - Limitation on Transfer of Business to County Mutual Insurance Company

An insurer may not transfer more than 10 percent of the insurer's insurance policies to a county mutual insurance company without the prior approval of the commissioner.

Tex. Ins. Code § 912.005

Added by Acts 2003, 78th Leg., ch. 206, Sec. 21.405, eff. 6/11/2003.