A reinsurance agreement between a domestic insurer and an affiliate, as described by Section 823.003, must specifically authorize the deposit of money from premiums to the account of the affiliate that assumes the reinsurance.
Tex. Ins. Code § 423.053
AUTHORITY TO DEPOSIT MONEY IN ACCOUNT OF REINSURER
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.