Texas Insurance Code

§ 493.151 — APPLICABILITY OF SUBCHAPTER

IN § 493.151Title 4. REGULATION OF SOLVENCY · Part F. REINSURANCE · Ch. 493. AUTHORIZED REINSURANCE; CREDIT AND ACCOUNTING · Art. D. REQUIREMENTS FOR TRUST CREDIT ALLOWANCE

Statute text

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This subchapter applies to:

(1)a trust that is used to qualify for a reinsurance credit under Section 493.102(a)(3) and as described by Sections 493.1036(e) and (f); and

(2)the assuming insurer that maintains the trust fund. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007. Amended by:

Legislative history

Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.06, eff. September 1, 2017.