Tex. Ins. Code § 803.003 · Chapter 803. LOCATION OF BOOKS, RECORDS, ACCOUNTS, AND OFFICES OUTSIDE OF THIS STATE
AUTHORITY TO LOCATE OUT OF STATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A domestic company may locate and maintain its principal offices and all or any part of its books, records, and accounts outside this state at any other location in the United States if:
(1) the company has given written notice of this intention to the commissioner, except as provided by Subsection (b);
(2) the commissioner has not disapproved the notice before the 31st day after the date on which the company gives the notice; and
(3) the company meets the requirements of this chapter.
(b) A separate notice under this section is not required if:
(1) the domestic company has an agreement to maintain its books and records outside of the state with an affiliate; and
(2) the agreement:
(A) has been approved under Chapter 823; and
(B) contains substantially all the information required for notice under this section.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.803.htm
- Text hash
- sha256 515d692a1c088555cedb62648c5d374af817148ba5f15da559c70e9f4dd845b6
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.