Sec. 841.352. ISSUANCE OF RECEIPT FOR DEPOSIT. When a domestic insurance company deposits securities under this subchapter, the comptroller shall issue to the company a receipt that:
(1) describes the deposit in a manner that identifies the securities; and
(2) states that the securities are held on deposit as capital stock investments of the company.
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 C - Life, Health, and Accident Insurers and Related Entities
Chapter 841 - Life, Health, or Accident Insurance Companies
Subchapter H. Deposit of Securities
Section 841.351. Deposit With Comptroller
Section 841.352. Issuance of Receipt for Deposit
Section 841.353. Advertisement of Deposit
Section 841.354. Access to Deposit
Section 841.355. Withdrawal of Deposit After Merger, Consolidation, or Total Reinsurance