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Tex. Insurance Code § 493.1037

CERTIFICATION BY NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 493.1037, CERTIFICATION BY NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678032
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If an applicant for certification has been certified as a reinsurer in a National Association of Insurance Commissioners accredited jurisdiction: (1) the commissioner may make a determination to defer to the accredited jurisdiction's certification and the financial strength rating assigned by that jurisdiction; and (2) if the commissioner makes the determination authorized by Subdivision (1), the applicant shall be considered to be a certified reinsurer in this state.