Tex. Insurance Code § 402.052
ACQUISITIONS AND DISPOSITIONS SUBJECT TO CHAPTER
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 402.052, ACQUISITIONS AND DISPOSITIONS SUBJECT TO CHAPTER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677357
- Permanent ID
ys:prov:677357@1- SHA-256
0524abb656c967ba55409eb2956323d41e60b378190060374a4e74b15240f311
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) An asset acquisition subject to this chapter includes a purchase, lease, exchange, merger, consolidation, succession, or other acquisition of assets, except the construction or development of real property by or for the reporting insurer or health maintenance organization or the acquisition of materials for that purpose.
(b) An asset disposition subject to this chapter includes a sale, lease, exchange, merger, consolidation, mortgage, hypothecation, assignment, whether for the benefit of a creditor or otherwise, abandonment, destruction, or other disposition of assets.