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Tex. Ins. Code § 981.051

AUTHORIZATION REQUIRED

Applied in 1 court decision — leading case Howard v. Burlington Insurance Co. (2011)

Most recently applied in Howard v. Burlington Insurance Co. (June 2011)

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

(a) Before an insurer may issue surplus lines insurance, the insurer must hold an authorization to engage in the business of insurance from its domiciliary state or country.

(b) The authorization from the domiciliary state or country must be for the same kind or class of insurance to be written in this state as surplus lines insurance.

(c) The surplus lines insurer must provide to the commissioner satisfactory evidence that the insurer holds the authorization.

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