Sec. 803.005. CONTROL OF BOOKS, RECORDS, ACCOUNTS, AND OFFICES

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(a) The books, records, accounts, or offices of a domestic company must be under the company's direct supervision, management, and control.
(b) The ultimate controlling person of an insurance holding company system affiliated with a domestic company, or the immediate or intermediate controlling person of the domestic company, must be domiciled, licensed, or admitted to transact business in a jurisdiction in the United States.

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

                    
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