Chapter 163 - REQUIREMENTS FOR FUNDS HELD AS SECURITY FOR THE PAYMENT OF OBLIGATIONS OF UNLICENSED, UNQUALIFIED REINSURERS
- Section 163.1 - Definitions
- Section 163.2 - Purpose
- Section 163.3 - Scope
- Section 163.4 - Funds held in trust
- Section 163.5 - General requirements for trust agreements
- Section 163.6 - Requirements for assets held in trust accounts
- Section 163.7 - Duties and responsibilities of trustees
- Section 163.8 - Resignation or removal of trustee
- Section 163.9 - Termination of trust agreements
- Section 163.10 - Permitted provision in trust agreements
- Section 163.11 - Requirements for provisions in reinsurance agreements entered into in conjunction with trust agreements
- Section 163.12 - Accounting in statutory financial statements for credit for reinsurance secured by trust agreements
- Section 163.13 - Existing trust agreements and underlying reinsurance agreements
- Section 163.14 - Letters of credit
- Section 163.15 - Requirements for letters of credit
- Section 163.16 - Provisions in reinsurance agreements entered into inconjunction with letters of credit
- Section 163.17 - Accounting in statutory financial statements for credit for reinsurance secured by letters of credit
- Section 163.18 - Existing letters of credit
- Section 163.19 - Actions or rights of the Commissioner
- Section 163.20 - Other security acceptable to the Commissioner