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Tex. Insurance Code § 402.002

This is the official text of Tex. Insurance Code § 402.002, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

§ 402.002. GENERAL REPORTING REQUIREMENTS.

Official statutory text

(a) An insurer or health maintenance organization shall file with the department a report, including any necessary exhibit or other attachment, that discloses:

(1) the material acquisition or disposition of assets; or

(2) the material nonrenewal, cancellation, or revision of a ceded reinsurance agreement.

(b) The insurer or health maintenance organization shall file the report required under Subsection (a) not later than the 15th day after the last day of the calendar month in which any transaction for which a report is required occurs.

Status: in_force · Read it on the official government site

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