Sec. 823.304. USE OF DIFFERENT BASES. An insurer is not required to value the stock of all of its affiliates on the same basis.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Chapter 823 - Insurance Holding Company Systems
Subchapter G. Valuation of Investment for Financial Statement
Section 823.301. Scope of Subchapter
Section 823.302. Bases for Determining Valuation
Section 823.303. Adjustment to Determination
Section 823.304. Use of Different Bases
Section 823.305. Valuating Acquired Affiliate