Tex. Ins. Code § 2054.107 · Subchapter C. MANAGEMENT OF COMPANY
CERTAIN RELATIONSHIPS WITH OTHER INSURERS PROHIBITED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as provided by Section 2054.602, the company may not have:
(1) an affiliate, spin-off, or subsidiary that writes a line of insurance other than workers' compensation insurance; or
(2) interlocking boards of directors with an insurer that writes a line of insurance other than workers' compensation insurance.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 1019 (H.B. 3752), Sec. 1, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2054.htm
- Text hash
- sha256 f5f9e6871f984fa4cc398ccb2b03a692f1bc7b5232e6181642c60fba034c9a21
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.