Sec. 912.005. Limitation On Transfer of Business to County Mutual Insurance Company.
Sec. 912.005. LIMITATION ON TRANSFER OF BUSINESS TO COUNTY MUTUAL INSURANCE COMPANY. An insurer may not transfer more than 10 percent of the insurer's insurance policies to a county mutual insurance company without the prior approval of the commissioner.
Added by Acts 2003, 78th Leg., ch. 206, Sec. 21.405, eff. June 11, 2003.