Tex. Ins. Code § 703.104 · Subchapter C. EXPENSES OF ANTIFRAUD ACTION
TREATMENT OF DEDUCTION OR OFFSET AS ADMITTED ASSET.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A covered entity or a covered entity's assignee entitled to an offset or deduction that has not been used may show, in the covered entity's or assignee's books and records, the balance of the deduction or offset as an admitted asset for any purpose.
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.703.htm
- Text hash
- sha256 b3e6f090b9088fc64147c5b55fe7691f7d6d8d3665f214c6c33a727c5e5a374b
- 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.