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Texas Insurance Code

§ 491.002 — REINSURANCE PERMITTED

IN § 491.002Title 4. REGULATION OF SOLVENCY · Part F. REINSURANCE · Ch. 491. GENERAL REINSURANCE REQUIREMENTS · Art. A. REINSURANCE

Statute text

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An insurer or reinsurer authorized to engage in the business of insurance or reinsurance in this state may reinsure all or part of a single risk in another solvent insurer.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.