Gavvy: Ins. Code, Sec. 1152.104. Authorization for Subsidiary Or Affiliate of Authorized Life Insurance Company.

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Sec. 1152.104. Authorization for Subsidiary Or Affiliate of Authorized Life Insurance Company.

Sec. 1152.104. AUTHORIZATION FOR SUBSIDIARY OR AFFILIATE OF AUTHORIZED LIFE INSURANCE COMPANY. The commissioner may determine, after notice and hearing, that a company that is a subsidiary of or affiliated with an authorized life insurance company through common management or ownership meets the requirements of this subchapter if either the company or the parent or affiliated company meets the requirements of this subchapter.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Gavvy last updated this database on: Sep 6, 2024