Texas Insurance Code
§ 982.203 — LOCATION OF TRUSTEED ASSETS
IN § 982.203Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 982. FOREIGN AND ALIEN INSURANCE COMPANIES · Art. D. TRUSTEED ASSETS OF ALIEN INSURANCE COMPANIES
Statute text
View on source(a)The trusteed assets of an alien insurance company shall be kept continuously in the United States.
(b)The trusteed assets of an alien insurance company that enters the United States through this state shall be kept continuously in this state.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.