Tex. Ins. Code § 548.102 · Subchapter B. REQUIRED ACTS; PROHIBITIONS
STATEMENT OF BENEFICIAL OWNERSHIP OF EQUITY SECURITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than the 10th day after the date a person becomes an insider, the insider shall file with the department a statement of the amount of all equity securities of the insurer of which the insider is a beneficial owner.
(b) If in any month a change occurs in the amount of the equity securities of which the insider is a beneficial owner, the insider shall file with the department not later than the 10th day of the following month a statement that indicates:
(1) the amount of all equity securities of which the insider is a beneficial owner as of the end of that month; and
(2) the changes in the insider's ownership that occurred in that month.
(c) A statement under this section must be in the form prescribed by the department.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.548.htm
- Text hash
- sha256 d2ed59b4f4f271509a14288b680ff44cb4983cee419445a7663d13e59445bbf0
- 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
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.