Texas § IN.841.409 - SCOPE OF CERTIFICATE OF AUTHORITY
Full text of Texas The Texas Constitution § IN.841.409 — SCOPE OF CERTIFICATE OF AUTHORITY, with citation guidance and answers to common questions.
§ IN.841.409. SCOPE OF CERTIFICATE OF AUTHORITY
SCOPE OF CERTIFICATE OF AUTHORITY. (a) A limited purpose subsidiary life insurance company that has been issued a certificate of authority may reinsure only the risks of a ceding insurer. A limited purpose subsidiary life insurance company may not otherwise engage in the business of insurance. (b) A limited purpose subsidiary life insurance company may purchase reinsurance to cede the risks assumed under a reinsurance contract. (c) A limited purpose subsidiary life insurance company organized under this subchapter is considered to be licensed to transact the business of reinsurance for the purposes of Section 493.051 , but may only reinsure risks of the company's affiliated companies. (d) A limited purpose subsidiary life insurance company shall provide the commissioner with notice of any change in the company's business plan required by Section 841.405 , including any material change in the methods used to comply with Section 841.413 . Added by Acts 2011, 82nd Leg., R.S., Ch. 1173 (H.B. 3161 ), Sec. 1, eff. June 17, 2011. Amended by: Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070 ), Sec. 3.06, eff. September 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.841.409
What does The Texas Constitution § IN.841.409 cover?
Section IN.841.409 ("SCOPE OF CERTIFICATE OF AUTHORITY") 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.841.409?
A common citation format is "The Texas Constitution § IN.841.409" (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.841.409 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.