|
|
|
State Law
Federal Law
|
Texas Insurance Code - Chapter 481 Voluntary DepositsLegal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Chapter 481 Voluntary Deposits (a) An insurer organized and engaged in business under this code that is required by another state, country, or province as a condition of engaging ... A voluntary deposit held by the comptroller or the department that was made by an insurer in this state before May 8, 1959, to gain ... 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 ... In accordance with reasonable rules adopted by the comptroller and the commissioner, the proper officer of an insurer making a deposit as described by this ... For purposes of state, county, or municipal taxation, the situs of deposited securities is the municipality and county in which the principal business office of ... (a) An insurer that makes a deposit as described by this chapter may, at the insurer's option, withdraw all or part of the deposit if: ... When two or more insurers that have two or more deposits made for identical purposes as described by this chapter or former Article 4739, Revised ... An insurer that has made a deposit as described by this chapter or former Article 4739, Revised Statutes, is entitled to a return of the ... On being provided a certified copy of the commissioner's order issued under Section 481.007 or 481.008, the comptroller shall release, transfer, and deliver the deposit ... Last modified: August 10, 2007 |