Sec. 982.302. REINSURANCE NOT PROHIBITED. This chapter does not prohibit a foreign insurance company from:
(1) reinsuring a domestic insurance company; or
(2) locating in this state, if the company does not directly insure persons domiciled in this state or insure against risks located in this state.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
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