Tex. Ins. Code § 982.255 · Subchapter E. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANIES
EXAMINATION OF ALIEN INSURANCE COMPANY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The books, records, accounting, and verification relating to an authorized alien insurance company's trusteed assets are subject to examination by the department or the department's appointed representative at the United States branch office of the company, in the same manner and to the same extent that applies under Subchapter A, Chapter 86, and Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156 to domestic and foreign insurance companies authorized to engage in the same kind of insurance.
(b) The books, records, and accounting for trusteed assets of an alien insurance company that enters the United States through this state shall be maintained in English in the company's branch office in this state.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.138, eff. April 1, 2009.
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 0e6de8cc083e7927a2d5e97c409740b91daa010ae65de79cd881ecbc59886a1f
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code ch. 86, subch. AREVOCATION OR MODIFICATION OF CERTIFICATE OF AUTHORITYPrinted as Subchapter A, Chapter 86
- Tex. Ins. Code § 401.051DUTY TO EXAMINE CARRIERS.Printed as Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156
- Tex. Ins. Code § 401.156DEPOSIT AND USE OF ASSESSMENT AND FEE.Printed as Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156
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.