Texas Insurance Code - Section 281.002. Treatment Of Alien Insurer As Foreign Insurer
Legal Research Home >
Texas Lawyer > Insurance Code > Texas Insurance Code - Section 281.002. Treatment Of Alien Insurer As Foreign Insurer
§ 281.002. TREATMENT OF ALIEN INSURER AS FOREIGN
INSURER. For purposes of this subchapter, an alien insurer is
considered to be organized in the state designated by the insurer in
which the insurer:
(1) has established its principal office or agency in
the United States;
(2) maintains the greatest amount of its assets held
in trust or on deposit for the security of its policyholders or
policyholders and creditors in the United States; or
(3) was admitted to engage in business in the United
States.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 271.007 271.008 271.009 271.010 271.011 271.012 281.001 281.002 281.003 281.004 281.005 281.006 281.007 281.051 281.052
Last modified: August 11, 2007
|
