Sec. 481.002. APPLICABILITY OF CHAPTER TO CERTAIN DEPOSITS. A voluntary deposit held by the comptroller or the department that was made by an insurer in this state before May 8, 1959, to gain admission to another state may, at the insurer's option, be considered to be held under this chapter.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle E - Requirements of Other Jurisdictions
Chapter 481 - Voluntary Deposits
Section 481.001. Deposit With Comptroller
Section 481.002. Applicability of Chapter to Certain Deposits
Section 481.003. Duties of Comptroller
Section 481.004. Access to Deposit
Section 481.005. Situs of Deposit for Tax Purposes
Section 481.006. Withdrawal of Deposit
Section 481.007. Withdrawal of Deposit After Merger, Consolidation, or Total Reinsurance