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2019 Texas Statutes
Insurance Code
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Chapter 827 - Withdrawal and Restriction Plans
Section 827.002. Exemption
Universal Citation: TX Ins Code § 827.002 (2019)
Sec. 827.002. EXEMPTION. This chapter does not apply to a transfer of business from an insurer to a company that:
(1) is within the same insurance group as the insurer;
(2) is authorized to engage in the business of insurance in this state; and
(3) is not a reciprocal or interinsurance exchange, a Lloyd's plan, a county mutual insurance company, or a farm mutual insurance company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 206, Sec. 10.02, eff. June 1, 2003.
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