Texas § IN.823.015 - EXEMPTION FROM CHAPTER

Full text of Texas The Texas Constitution § IN.823.015 — EXEMPTION FROM CHAPTER, with citation guidance and answers to common questions.

§ IN.823.015. EXEMPTION FROM CHAPTER

EXEMPTION FROM CHAPTER. The commissioner may exempt from the application of this chapter a commercially domiciled insurer that the commissioner determines has assets physically located in this state or an asset-to-liability ratio sufficient to justify the conclusion that there is no reasonable danger that the operations or conduct of the business of the insurer could present a danger of loss to the policyholders of this state. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2005, 79th Leg., Ch. 884 (S.B. 1283 ), Sec. 1, eff. September 1, 2005. SUBCHAPTER B. REGISTRATION

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Frequently Asked Questions About Texas § IN.823.015

What does The Texas Constitution § IN.823.015 cover?

Section IN.823.015 ("EXEMPTION FROM CHAPTER") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.823.015?

A common citation format is "The Texas Constitution § IN.823.015" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.823.015 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.