Texas Insurance Code
§ 912.005 — LIMITATION ON TRANSFER OF BUSINESS TO COUNTY MUTUAL INSURANCE COMPANY
IN § 912.005Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES · Ch. 912. COUNTY MUTUAL INSURANCE COMPANIES · Art. A. GENERAL PROVISIONS
Statute text
View on sourceAn insurer may not transfer more than 10 percent of the insurer's insurance policies to a county mutual insurance company without the prior approval of the commissioner.
Legislative history
Added by Acts 2003, 78th Leg., ch. 206, Sec. 21.405, eff. June 11, 2003.