Tex. Insurance Code § 424.153
This is the official text of Tex. Insurance Code § 424.153, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 424.153. PERIOD OF TRANSACTION.
Official statutory text
An insurer must enter into a written agreement for each transaction under this subchapter, other than a dollar roll transaction. The agreement must require that the transaction terminate on or before the first anniversary of the transaction's inception.
Status: in_force · Read it on the official government site
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