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Texas Insurance Code - Section 424.153. Period Of Transaction

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 424.153. Period Of Transaction

§ 424.153. PERIOD OF TRANSACTION.  An insurer must enter 
into a written agreement for each transaction under this 
subchapter, other than a dollar roll transaction.  The agreement 
must require that the transaction terminate on or before the first 
anniversary of the transaction's inception.

Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.           

Last modified: August 10, 2007