Tex. Insurance Code § 823.015
This is the official text of Tex. Insurance Code § 823.015, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 823.015. EXEMPTION FROM CHAPTER.
Official statutory text
The commissioner may exempt from the application of this chapter a commercially domiciled insurer that the commissioner determines has assets physically located in this state or an asset-to-liability ratio sufficient to justify the conclusion that there is no reasonable danger that the operations or conduct of the business of the insurer could present a danger of loss to the policyholders of this state.
Status: in_force · Read it on the official government site
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