(a) The trusteed assets of an alien insurance company shall be kept continuously in the United States.
(b) The trusteed assets of an alien insurance company that enters the United States through this state shall be kept continuously in this state.
LOCATION OF TRUSTEED ASSETS
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff
(a) The trusteed assets of an alien insurance company shall be kept continuously in the United States.
(b) The trusteed assets of an alien insurance company that enters the United States through this state shall be kept continuously in this state.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.