Tex. Insurance Code § 493.154
This is the official text of Tex. Insurance Code § 493.154, 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.
§ 493.154. TERMS OF TRUST.
Official statutory text
(a) The trust instrument must provide that contested claims are valid and enforceable on the final order of any court in the United States.
(b) The trust must vest legal title to the trust's assets in the trustees of the trust for:
(1) the trust's United States policyholders and ceding insurers; and
(2) the policyholders' and ceding insurers' assigns and successors in interest.
(c) The trust must remain in effect as long as the assuming insurer has outstanding obligations under a reinsurance contract subject to the trust.
(b) The trust must vest legal title to the trust's assets in the trustees of the trust for:
(1) the trust's United States policyholders and ceding insurers; and
(2) the policyholders' and ceding insurers' assigns and successors in interest.
(c) The trust must remain in effect as long as the assuming insurer has outstanding obligations under a reinsurance contract subject to the trust.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.