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Tex. Insurance Code § 964.103

SUBSCRIBER REQUIREMENTS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 964.103, SUBSCRIBER REQUIREMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680616
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On and after the date of the captive exchange's formation, each subscriber of the captive exchange must: (1) have an existing affiliation with each other subscriber; or (2) satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.