Texas Statutes
Subchapter D. Requirements for Trust Credit Allowance
Section 493.151. Applicability of Subchapter

Sec. 493.151. APPLICABILITY OF SUBCHAPTER. This subchapter applies to:
(1) a trust that is used to qualify for a reinsurance credit under Section 493.102(a)(3) and as described by Sections 493.1036(e) and (f); and
(2) the assuming insurer that maintains the trust fund.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.06, eff. September 1, 2017.

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