28 Tex. Admin. Code § 3.1727

Current through Reg. 49, No. 45; November 8, 2024
Section 3.1727 - Unauthorized Insurance

For purposes of Insurance Code § 101.051(b)(8) and (9), unauthorized insurance includes participation of a life settlement broker or provider in connection with a life settlement contract for which the insured resides in this state but for which the owner is a trust or similar entity domiciled in another state and created primarily to avoid the requirements of Insurance Code Chapter 1111A.

28 Tex. Admin. Code § 3.1727

The provisions of this §3.1727 adopted to be effective August 1, 2013, 38 TexReg 4357