Sec. 962.051. QUALIFICATIONS FOR CERTIFICATE OF AUTHORITY  


Latest version.
  • An insurer may not be issued a certificate of authority to operate under this chapter unless:

    (1) it or a predecessor was writing the insurance coverages authorized by Section 962.101 on or before January 1, 1920, in at least one state; and

    (2) it had policyholders in this state on August 29, 1983, and provides proof of that fact to the department.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 16, eff. April 1, 2007.