Section 983.051 - Redomestication: Foreign to Domestic(a) An insurer or health maintenance organization that is organized under the laws of another state and authorized to write insurance or provide a health care plan in this state may redomesticate to this state if:(1) the entity amends or restates its articles of incorporation to comply with each requirement of this code relating to the organization and authorization of a domestic entity of the same type; and(2) the commissioner approves the redomestication.(b) An insurer or health maintenance organization that redomesticates under this section is:(1) considered to be domiciled in this state; and(2) entitled to a certificate of authority to engage in the business of insurance or the business of a health maintenance organization in this state as a domestic insurer or health maintenance organization, as applicable, without interruption of its authority to engage in business in this state.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.