A ceding insurer may take a credit for reinsurance, as an asset or as a deduction from liability, only as provided by this chapter.
Tex. Ins. Code § 493.101
EXCLUSIVE PROCEDURE FOR TAKING CREDIT FOR REINSURANCE
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.