Tex. Ins. Code § 984.001

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 984.001 - Authority of Mexican Casualty Insurance Companies
(a) An insurance company that complies with this chapter may issue an insurance policy described by Subsection (b) as a Mexican casualty insurance company if the company is:
(1) organized under the laws of the United Mexican States or any state of that nation; and
(2) authorized to write insurance policies described by Subsection (b) by those laws, the company's charter or articles of association, and a license that is in effect and that is issued by the appropriate insurance regulatory authority of the United Mexican States or any state of that nation.
(b) A Mexican casualty insurance company described by Subsection (a) may issue in this state an insurance policy only if the policy:
(1) provides automobile coverage or accident or other casualty insurance coverage on a person or personal property; and
(2) is in effect only while the person or property covered by the policy is within the boundaries of the United Mexican States.

Tex. Ins. Code § 984.001

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