Texas Insurance Code § 912.102 Authority To Engage In Business

Sec. 912.102. AUTHORITY TO ENGAGE IN BUSINESS. A county mutual insurance company may engage in the business of insurance in accordance with this chapter and other applicable laws only if:

(1) the company was formed before September 6, 1955, and was actively engaged in the business of insurance on that date; or

(2) the company was formed under a permit to solicit insurance issued before September 6, 1955.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Section: Previous  912.056  912.057  912.058  912.059  912.060  912.061  912.101  912.102  912.151  912.152  912.153  912.154  912.155  912.156  912.157  Next

Last modified: September 28, 2016