Sec. 823.105. TYPE OF AUTHORITY PROVIDED. Nothing in Section 823.103 or 823.104 authorizes a transaction that would violate law that is applicable to an insurer that is not subject to this subchapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1087 (H.B. 3460), Sec. 6, eff. June 14, 2013.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Chapter 823 - Insurance Holding Company Systems
Subchapter C. Transactions of Registered Insurer
Section 823.101. Standards for Transaction Within an Insurance Holding Company System
Section 823.103. Notice of and Commissioner's Decision on Specified Transactions
Section 823.104. Prohibition of Action to Avoid Application of Subchapter
Section 823.105. Type of Authority Provided
Section 823.106. Standards of Review; Reasons for Disapproval