Tex. Insurance Code § 703.104
This is the official text of Tex. Insurance Code § 703.104, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 703.104. TREATMENT OF DEDUCTION OR OFFSET AS ADMITTED ASSET.
Official statutory text
A covered entity or a covered entity's assignee entitled to an offset or deduction that has not been used may show, in the covered entity's or assignee's books and records, the balance of the deduction or offset as an admitted asset for any purpose.
Status: in_force · Read it on the official government site
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