Texas Insurance Code
§ 841.256 — BUSINESS IN SEPARATE DEPARTMENTS OF DOMESTIC INSURANCE COMPANY
IN § 841.256Title 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. F. GENERAL POWERS, DUTIES, AND LIMITATIONS
Statute text
View on sourceA domestic insurance company may not transact more than one of the kinds of insurance business described by Section 841.051(a) unless the company establishes separate departments to transact each kind of business.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.