Texas § IN.4152.002 - CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER
Full text of Texas The Texas Constitution § IN.4152.002 — CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER, with citation guidance and answers to common questions.
§ IN.4152.002. CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER
CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER. (a) For purposes of this chapter, a foreign or alien insurer authorized to engage in the business of insurance in this state is a commercially domiciled insurer if during the period described by Subsection (b) the average of the gross premiums written by the insurer in this state is: (1) more than the average of the gross premiums written by the insurer in the insurer's state of domicile; and (2) 20 percent or more of the total gross premiums written by the insurer in the United States, as reported in the insurer's three most recent annual statements. (b) The period applicable to Subsection (a) is: (1) the three most recent fiscal years of the insurer that precede the fiscal year in which the determination under this section is made; or (2) if the insurer has been authorized to engage in the business of insurance in this state for less than the period described by Subdivision (1), the period for which the insurer has been authorized to engage in the business of insurance in this state. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.4152.002
What does The Texas Constitution § IN.4152.002 cover?
Section IN.4152.002 ("CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER") 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.4152.002?
A common citation format is "The Texas Constitution § IN.4152.002" (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.4152.002 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.