Tex. Ins. Code § 548.101

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

Section 548.101 - Definition

In this subchapter, "insider" means a person who:

(1) is directly or indirectly the beneficial owner of more than 10 percent of any class of an equity security of a domestic stock insurer, other than an exempt security; or

(2) is a director or officer of a domestic stock insurer.

Tex. Ins. Code § 548.101

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.