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Tex. Insurance Code § 228.202

RELOCATION OF PRINCIPAL BUSINESS OPERATIONS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 228.202, RELOCATION OF PRINCIPAL BUSINESS OPERATIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677168
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If, before the 90th day after the date a certified capital company makes an investment in a qualified business, the qualified business moves the business's principal business operations from this state, the investment may not be considered a qualified investment for purposes of the percentage requirements under this chapter.