Insurance Code § 884.102
The department must issue a temporary certificate of authority if the commissioner’s determination is favorable and Section 884.101 is met; the certificate limits the company to negotiating and obtaining one direct reinsurance agreement, expires after one year unless renewed, and the incorporators must promptly surrend
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- United States — Texas
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- Language
- en
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Statute overview
About this statute
The department must issue a temporary certificate of authority if the commissioner’s determination is favorable and Section 884.101 is met; the certificate limits the company to negotiating and obtaining one direct reinsurance agreement, expires after one year unless renewed, and the incorporators must promptly surrender the charter when it expires.
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Insurance Code § 884.102
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