Texas Insurance Code 841.352 – Issuance of Receipt for Deposit
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Terms Used In Texas Insurance Code 841.352
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
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.