Tex. Insurance Code § 101.301
This is the official text of Tex. Insurance Code § 101.301, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 101.301. REPORTING REQUIRED.
Official statutory text
(a) A person investigating or adjusting a loss or claim on a subject of insurance in this state shall immediately report to the department an insurance policy or contract that has been entered into by an insurer that is not authorized to transact the insurance in this state.
(b) This section does not apply to:
(1) a transaction described by Section 101.053(b)(4); or
(2) surplus lines insurance procured through eligible surplus lines insurers as defined by Section 981.002.
(b) This section does not apply to:
(1) a transaction described by Section 101.053(b)(4); or
(2) surplus lines insurance procured through eligible surplus lines insurers as defined by Section 981.002.
Status: in_force · Read it on the official government site
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