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Texas Insurance Code

§ 494.003 — REQUIREMENT FOR CEDING INSURER

IN § 494.003Title 4. REGULATION OF SOLVENCY · Part F. REINSURANCE · Ch. 494. REINSURANCE OF AIRCRAFT AND SPACE EQUIPMENT RISKS

Statute text

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To enter into a reinsurance agreement under this chapter, the ceding insurer must be authorized to engage in business in this state.

Legislative history

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