Tex. Ins. Code § 964.066 · Subchapter B. CAPTIVE INSURANCE COMPANIES
STANDARDS FOR RISK MANAGEMENT OF CONTROLLED UNAFFILIATED BUSINESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commissioner may adopt rules establishing standards to ensure that an affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the captive insurance company. Until rules under this section are adopted, the commissioner may approve the coverage of these risks by a captive insurance company.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 569 (S.B. 734), Sec. 2, eff. June 14, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.964.htm
- Text hash
- sha256 0e2c0ada6f87947b7813de1a6354a0c35c6eed697563a8897bc215392cd11b12
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 964.066. Each shows the citation as that text prints it.
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