Tex. Insurance Code § 281.002
TREATMENT OF ALIEN INSURER AS FOREIGN INSURER
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 281.002, TREATMENT OF ALIEN INSURER AS FOREIGN INSURER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677277
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Full text
For purposes of this subchapter, an alien insurer is considered to be organized in the state designated by the insurer in which the insurer:
(1) has established its principal office or agency in the United States;
(2) maintains the greatest amount of its assets held in trust or on deposit for the security of its policyholders or policyholders and creditors in the United States; or
(3) was admitted to engage in business in the United States.