Texas Insurance Code - Section 101.301. Reporting Required
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§ 101.301. REPORTING REQUIRED. (a) A person
investigating or adjusting a loss or claim on a subject of insurance
in this state shall immediately report to the department an
insurance policy or contract that has been entered into by an
insurer that is not authorized to transact the insurance in this
state.
(b) This section does not apply to:
(1) a transaction described by Section 101.053(b)(4);
or
(2) surplus lines insurance procured through eligible
surplus lines carriers as defined by Article 1.14-2.
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Section: 101.153 101.154 101.155 101.156 101.201 101.202 101.203 101.301 101.351 101.352 101.353 101.354 101.355 101.356 102.001
Last modified: August 11, 2007
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