Tex. Ins. Code § 941.156

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

Section 941.156 - Reinsurance Permitted

This chapter does not prevent a domestic Lloyd's plan from reinsuring:

(1) the Lloyd's plan's excess lines with a solvent foreign Lloyd's plan acceptable to the department that does not hold a certificate of authority to engage in the business of insurance in this state; or

(2) any business from a foreign Lloyd's plan described by Subdivision (1).

Tex. Ins. Code § 941.156

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