Tex. Ins. Code § 421.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 421.002 - Certificates From Other States

In computing the reserve liability of an insurer, the commissioner may accept the certificate of the officer of another state charged with the duty of supervising the insurer if:

(1) the insurer is organized under the laws of the other state; and

(2) the certificate shows that the reserve liability has been computed in accordance with Section 421.001.

Tex. Ins. Code § 421.002

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.