Tex. Ins. Code § 803.005 · Chapter 803. LOCATION OF BOOKS, RECORDS, ACCOUNTS, AND OFFICES OUTSIDE OF THIS STATE
CONTROL OF BOOKS, RECORDS, ACCOUNTS, AND OFFICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The books, records, accounts, or offices of a domestic company must be under the company's direct supervision, management, and control.
(b) The ultimate controlling person of an insurance holding company system affiliated with a domestic company, or the immediate or intermediate controlling person of the domestic company, must be domiciled, licensed, or admitted to transact business in a jurisdiction in the United States.
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 34e5fe32b66485b4dfb896c8eca861f005b99760b1e44153000f7495aec100c4
- 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.