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Tex. Ins. Code § 2054.107

CERTAIN RELATIONSHIPS WITH OTHER INSURERS PROHIBITED

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff

Except as provided by Section 2054.602, the company may not have:

(1) an affiliate, spin-off, or subsidiary that writes a line of insurance other than workers' compensation insurance; or

(2) interlocking boards of directors with an insurer that writes a line of insurance other than workers' compensation insurance.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.