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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 12. OTHER COVERAGE |
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Chapter 3502. MORTGAGE GUARANTY INSURANCE |
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Subchapter B. MORTGAGE GUARANTY INSURERS |
Sec. 3502.052. ELIGIBILITY OF FOREIGN OR ALIEN INSURER TO WRITE MORTGAGE GUARANTY INSURANCE
Latest version.
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The department may not issue a certificate of authority to a foreign or alien insurer writing mortgage guaranty insurance unless the insurer demonstrates a satisfactory operating experience in the insurer's state of domicile.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 3, eff. April 1, 2007.