Public-domain · open source
OpenJurist

Tex. Ins. Code § 827.002

EXEMPTION

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

This chapter does not apply to a transfer of business from an insurer to a company that:

(1) is within the same insurance group as the insurer;

(2) is authorized to engage in the business of insurance in this state; and

(3) is not a reciprocal or interinsurance exchange, a Lloyd's plan, a county mutual insurance company, or a farm mutual insurance company.

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