Tex. Insurance Code § 827.002
EXEMPTION
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 827.002, EXEMPTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679190
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Full text
This chapter does not apply to a transfer of business from an insurer to a company that:
(1) is within the same insurance group as the insurer;
(2) is authorized to engage in the business of insurance in this state; and
(3) is not a reciprocal or interinsurance exchange, a Lloyd's plan, a county mutual insurance company, or a farm mutual insurance company.