Gavvy: Ins. Code, Sec. 982.203. Location of Trusteed Assets.

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Sec. 982.203. Location of Trusteed Assets.

Sec. 982.203. LOCATION OF TRUSTEED ASSETS. (a) The trusteed assets of an alien insurance company shall be kept continuously in the United States.

(b) The trusteed assets of an alien insurance company that enters the United States through this state shall be kept continuously in this state.

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

Gavvy last updated this database on: Sep 6, 2024