Texas Insurance Code - Section 481.003. Duties Of Comptroller
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§ 481.003. DUTIES OF COMPTROLLER. The comptroller shall
receive a deposit made by an insurer as described by this chapter
and hold it exclusively for the protection of all policyholders or
creditors of the insurer, wherever they are located, or for the
protection of the insurer's policyholders or creditors in a
particular state, country, or province, as designated by the
insurer at the time the insurer makes the deposit.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 463.401 463.402 463.403 463.404 463.451 481.001 481.002 481.003 481.004 481.005 481.006 481.007 481.008 481.009 491.001
Last modified: August 10, 2007
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