Texas Insurance Code § 912.005 Limitation On Transfer Of Business To County Mutual Insurance Company

Sec. 912.005. LIMITATION ON TRANSFER OF BUSINESS TO COUNTY MUTUAL INSURANCE COMPANY. An insurer may not transfer more than 10 percent of the insurer's insurance policies to a county mutual insurance company without the prior approval of the commissioner.

Added by Acts 2003, 78th Leg., ch. 206, Sec. 21.405, eff. June 11, 2003.

Section: Previous  912.001  912.002  912.003  912.004  912.005  912.051  912.052  912.053  912.054  912.055  912.056  912.057  912.058  912.059  912.060  Next

Last modified: September 28, 2016