Tex. Ins. Code § 421.002 · Chapter 421. RESERVES IN GENERAL
CERTIFICATES FROM OTHER STATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In computing the reserve liability of an insurer, the commissioner may accept the certificate of the officer of another state charged with the duty of supervising the insurer if:
(1) the insurer is organized under the laws of the other state; and
(2) the certificate shows that the reserve liability has been computed in accordance with Section 421.001.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.421.htm
- Text hash
- sha256 871a73c798212af2f24251ae8569825d0a112e856088e5431a52b6630b01e68a
- 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.