Tex. Ins. Code § 941.156 · Subchapter D. OPERATION, POWERS, AND DUTIES OF LLOYD'S PLAN

REINSURANCE PERMITTED.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

This chapter does not prevent a domestic Lloyd's plan from reinsuring:

(1) the Lloyd's plan's excess lines with a solvent foreign Lloyd's plan acceptable to the department that does not hold a certificate of authority to engage in the business of insurance in this state; or

(2) any business from a foreign Lloyd's plan described by Subdivision (1).

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.941.htm
Text hash: sha256 41e5adb8efd98e0d59d42218654cf39dca5b5cd39d58c36ecab8804ddaded070
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.