Tex. Ins. Code § 982.051 · Subchapter B. AUTHORITY TO ENGAGE IN BUSINESS
CERTIFICATE OF AUTHORITY REQUIRED FOR LIFE, HEALTH, OR ACCIDENT COMPANIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A foreign insurance company may not engage in the business of insurance as a life insurance company, accident insurance company, life and accident insurance company, health and accident insurance company, or life, health, and accident insurance company in this state, except for the lending of money, without first obtaining from the department a certificate of authority that:
(1) shows that the foreign insurance company has fully complied with the laws of this state; and
(2) authorizes the foreign insurance company to engage in the business of insurance in this state.
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.982.htm
- Text hash
- sha256 80b69573738a87d97b2dac1380685d92a95f5647442e1b3ef27c347e3af8d905
- 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 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 982.051. Each shows the citation as that text prints it.
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.