Texas Insurance Code 982.203 – Location of Trusteed Assets
Current as of: 2024 | Check for updates
|
Other versions
(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.
Terms Used In Texas Insurance Code 982.203
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005