Texas § IN.964.072 - APPROVAL OF CAPTIVE REINSURANCE POOLS

Full text of Texas The Texas Constitution § IN.964.072 — APPROVAL OF CAPTIVE REINSURANCE POOLS, with citation guidance and answers to common questions.

§ IN.964.072. APPROVAL OF CAPTIVE REINSURANCE POOLS

APPROVAL OF CAPTIVE REINSURANCE POOLS. Before determining whether to approve a captive insurance company's participation in a captive reinsurance pool under Section 964.052 , the commissioner may: (1) require the captive insurance company provide to the commissioner evidence that the captive reinsurance pool: (A) is composed only of other captive insurance companies holding a certificate of authority under this chapter or a similar law of another jurisdiction; and (B) will be able to meet the pool's financial obligations; and (2) impose any other limitation or requirement on the captive insurance company that is necessary and proper to provide adequate security for the captive insurance company. Added by Acts 2015, 84th Leg., R.S., Ch. 469 (S.B. 667 ), Sec. 4, eff. June 15, 2015.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § IN.964.072

What does The Texas Constitution § IN.964.072 cover?

Section IN.964.072 ("APPROVAL OF CAPTIVE REINSURANCE POOLS") 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.964.072?

A common citation format is "The Texas Constitution § IN.964.072" (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.964.072 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

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