Texas Insurance Code - Section 493.051. Reinsurance Authorized
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§ 493.051. REINSURANCE AUTHORIZED. (a) An insurer
authorized to engage in the business of insurance in this state may
reinsure, in any solvent assuming insurer, any risk or part of a
risk that both insurers are authorized by law to assume.
(b) An insurer authorized to engage in business in this
state that writes any line of insurance regulated by Title 10 may
provide reinsurance under this chapter while the insurer is in
compliance with law.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 492.154 492.155 492.156 492.157 493.001 493.002 493.003 493.051 493.052 493.053 493.054 493.055 493.101 493.102 493.103
Last modified: August 10, 2007
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