Sec. 962.051. QUALIFICATIONS FOR CERTIFICATE OF AUTHORITY. An insurer may not be issued a certificate of authority to operate under this chapter unless:
(1) it or a predecessor was writing the insurance coverages authorized by Section 962.101 on or before January 1, 1920, in at least one state; and
(2) it had policyholders in this state on August 29, 1983, and provides proof of that fact to the department.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 16, eff. April 1, 2007.
Section: Previous 962.001 962.002 962.003 962.004 962.005 962.051 962.052 962.053 962.054 962.055 962.101 962.102 962.103 962.701 NextLast modified: September 28, 2016