Texas Insurance Code

§ 841.101 — CERTIFICATE OF AUTHORITY REQUIRED

IN § 841.101Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES · Art. C. AUTHORITY TO ENGAGE IN BUSINESS

Statute text

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A domestic insurance company may not engage in the business of insurance in this state, except for the lending of money, without first obtaining from the commissioner a certificate of authority that:

(1)shows that the company has fully complied with the laws of this state; and

(2)authorizes the company to engage in the business of insurance in this state.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.