Tex. Insurance Code § 981.051
This is the official text of Tex. Insurance Code § 981.051, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 981.051. AUTHORIZATION REQUIRED.
Official statutory text
(a) Before an insurer may issue surplus lines insurance, the insurer must hold an authorization to engage in the business of insurance from its domiciliary state or country.
(b) The authorization from the domiciliary state or country must be for the same kind or class of insurance to be written in this state as surplus lines insurance.
(c) The surplus lines insurer must provide to the commissioner satisfactory evidence that the insurer holds the authorization.
(b) The authorization from the domiciliary state or country must be for the same kind or class of insurance to be written in this state as surplus lines insurance.
(c) The surplus lines insurer must provide to the commissioner satisfactory evidence that the insurer holds the authorization.
Status: in_force · Read it on the official government site
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