Tex. Ins. Code § 823.162

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 823.162 - Prohibition on Certain Actions Related to Acquisition of Control or Merger

A person may not effect or attempt to effect an acquisition of control of or merger with a domestic insurer unless the commissioner has approved the acquisition or merger.

Tex. Ins. Code § 823.162

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.