Texas § IN.823.401 - PROHIBITION OF INDIRECT ACTION FOR CONTROLLED INSURER
Full text of Texas The Texas Constitution § IN.823.401 — PROHIBITION OF INDIRECT ACTION FOR CONTROLLED INSURER, with citation guidance and answers to common questions.
§ IN.823.401. PROHIBITION OF INDIRECT ACTION FOR CONTROLLED INSURER
PROHIBITION OF INDIRECT ACTION FOR CONTROLLED INSURER. (a) A holding company or controlled person may not directly or indirectly do or cause to be done for or on behalf of a controlled insurer any act intended to affect, influence, change, or alter the insurance operations of the insurer that would violate this code if done by the insurer alone. (b) This section does not limit or prohibit a holding company or a person in the insurance holding company system from conducting on behalf of the person any type of business that would be normal and natural to the person if the person were not in the holding company system. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.823.401
What does The Texas Constitution § IN.823.401 cover?
Section IN.823.401 ("PROHIBITION OF INDIRECT ACTION FOR CONTROLLED 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.823.401?
A common citation format is "The Texas Constitution § IN.823.401" (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.823.401 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.