Texas Insurance Code § 703.104 Treatment Of Deduction Or Offset As Admitted Asset

Sec. 703.104. TREATMENT OF DEDUCTION OR OFFSET AS ADMITTED ASSET. A covered entity or a covered entity's assignee entitled to an offset or deduction that has not been used may show, in the covered entity's or assignee's books and records, the balance of the deduction or offset as an admitted asset for any purpose.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Section: Previous  703.001  703.002  703.051  703.052  703.053  703.054  703.055  703.101  703.102  703.103

Last modified: September 28, 2016