Exclusive Procedure For Taking Credit For Reinsurance

Tex. Insurance Code § 493.101, under Chapter 493.

Tex. Insurance Code § 493.101

Sec. 493.101. EXCLUSIVE PROCEDURE FOR TAKING CREDIT FOR REINSURANCE. A ceding insurer may take a credit for reinsurance, as an asset or as a deduction from liability, only as provided by this chapter. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.