Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES |
Chapter 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES |
Subchapter H. DEPOSIT OF SECURITIES |
Sec. 841.352. ISSUANCE OF RECEIPT FOR DEPOSIT
Latest version.
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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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.