This subchapter applies to:
(1) a trust that is used to qualify for a reinsurance credit under Section 493.102(a)(3) and as described by Sections 493.1036(e) and (f); and
(2) the assuming insurer that maintains the trust fund.
APPLICABILITY OF SUBCHAPTER
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff
This subchapter applies to:
(1) a trust that is used to qualify for a reinsurance credit under Section 493.102(a)(3) and as described by Sections 493.1036(e) and (f); and
(2) the assuming insurer that maintains the trust fund.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.