Texas Insurance Code Title 4, Chapter 402 - Disclosure Of Material Transactions

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 402.001 - Applicability Of Chapter
  (a) Except as provided by Subsection (b), this chapter applies to: (1) each of the following domestic or commercially domiciled insurers: (A) a capital stock...
• Texas Section 402.002 - General Reporting Requirements
  (a) An insurer or health maintenance organization shall file with the department a report, including any necessary exhibit or other attachment, that discloses: (1) the...
• Texas Section 402.003 - Exceptions To Reporting Requirements
  An insurer or health maintenance organization is not required to file a report under Section 402.002 if: (1) the acquisition or disposition of assets or...
• Texas Section 402.004 - Report Made On Nonconsolidated Basis
  (a) An insurer or health maintenance organization shall report each material acquisition or disposition and each material nonrenewal, cancellation, or revision of a ceded reinsurance...

SUBCHAPTER B ACQUISITION AND DISPOSITION OF ASSETS

• Texas Section 402.005 - Confidentiality Of Report
  (a) A report obtained by or disclosed to the commissioner under this chapter is confidential and is not subject to a subpoena, other than a...
• Texas Section 402.051 - Acquisitions And Dispositions Considered Material
  For purposes of this chapter, an acquisition, or the aggregate of a series of related acquisitions during a 30-day period, or a disposition, or the...
• Texas Section 402.052 - Acquisitions And Dispositions Subject To Chapter
  (a) An asset acquisition subject to this chapter includes a purchase, lease, exchange, merger, consolidation, succession, or other acquisition of assets, except the construction or...

SUBCHAPTER C NONRENEWAL, CANCELLATION, AND REVISION

• Texas Section 402.053 - Content Of Report Concerning Material Acquisitions And Dispositions
  In a report of a material acquisition or disposition of assets under Section 402.002, an insurer or health maintenance organization shall disclose: (1) the date...
• Texas Section 402.101 - Nonrenewals, Cancellations, And Revisions Considered Material
  For purposes of this chapter, a nonrenewal, cancellation, or revision of a ceded reinsurance agreement is material if, on an annual basis, as reported in...
• Texas Section 402.102 - Conditions Under Which Report Concerning Nonrenewal, Cancellation, Or Revision Required
  Except as provided by Section 402.103, an insurer or health maintenance organization shall file a report of a material nonrenewal, cancellation, or revision of ceded...
• Texas Section 402.103 - Conditions Under Which Report Concerning Nonrenewal, Cancellation, Or Revision Not Required
  An insurer or health maintenance organization is not required to file a report under Section 402.002 if the insurer's or health maintenance organization's ceded written...
• Texas Section 402.104 - Content Of Report Concerning Material Nonrenewals, Cancellations, And Revisions
  In a report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement under Section 402.002, an insurer or health maintenance organization shall...

Last modified: September 28, 2016