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Tex. Ins. Code § 982.302

REINSURANCE NOT PROHIBITED

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

This chapter does not prohibit a foreign insurance company from:

(1) reinsuring a domestic insurance company; or

(2) locating in this state, if the company does not directly insure persons domiciled in this state or insure against risks located 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.