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Tex. Insurance Code § 841.411

FORECLOSURE ON COLLATERAL

Texas · Texas Insurance Code · Status: effective

Property & Real Estate
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Tex. Insurance Code § 841.411, FORECLOSURE ON COLLATERAL, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679344
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A limited purpose subsidiary life insurance company shall immediately notify the commissioner of any action by a ceding insurer or any other person to foreclose on, or otherwise take possession of, collateral provided by the limited purpose subsidiary life insurance company to secure an obligation of the company.