Requirement For Ceding Insurer

Tex. Insurance Code § 494.003, under Reinsurance of Aircraft and Space Equipment Risks.

Tex. Insurance Code § 494.003

Sec. 494.003. REQUIREMENT FOR CEDING INSURER. To enter into a reinsurance agreement under this chapter, the ceding insurer must be authorized to engage in business in this state. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.