Texas Insurance Code

§ 983.102 — EFFECT ON ADMITTED ASSETS

IN § 983.102Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 983. REDOMESTICATION OF INSURERS AND HEALTH MAINTENANCE ORGANIZATIONS · Art. C. EFFECT OF REDOMESTICATION

Statute text

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Except as provided by other law, the admitted assets of a redomesticating insurer or health maintenance organization that qualify, on the effective date of the redomestication, as admitted assets under this code continue to qualify as admitted assets after the redomestication.

Legislative history

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