Tex. Ins. Code § 823.206 · Subchapter E. ACQUISITION STATEMENT
ADDITIONAL INFORMATION ABOUT ACQUIRING ORGANIZATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If the person required to file the statement under Section 823.154 is a partnership, limited partnership, syndicate, or other group, the commissioner may require that the information required for an individual under this subchapter be given with respect to:
(1) each person who is a partner of the partnership or limited partnership or a member of the syndicate or group; and
(2) each person who controls a person described by Subdivision (1).
(b) If the person required to file the statement under Section 823.154 or the person with respect to whom information is required under Subsection (a) is a corporation, the commissioner may require that:
(1) the information required under this subchapter be given with respect to that corporation; and
(2) the information required for an individual under this subchapter be given with respect to:
(A) each executive officer and director of that corporation; and
(B) each person who is directly or indirectly the beneficial owner of more than 10 percent of the outstanding voting securities of that corporation.
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.823.htm
- Text hash
- sha256 3bbb484d0addcd5123e04fdd756b17891f4c2b1e47b0cd29b893dc739849a1ca
- 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.