Tex. Insurance Code § 964.103
This is the official text of Tex. Insurance Code § 964.103, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 964.103. SUBSCRIBER REQUIREMENTS.
Official statutory text
On and after the date of the captive exchange's formation, each subscriber of the captive exchange must:
(1) have an existing affiliation with each other subscriber; or
(2) satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.
(1) have an existing affiliation with each other subscriber; or
(2) satisfy the definition of a controlled unaffiliated business regardless of any affiliation relationship created by the captive exchange.
Status: in_force · Read it on the official government site
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