Insurance Code § 402.051
An acquisition or disposition is treated as material only if it is not recurring, is outside the ordinary course of business, and exceeds 5% of the reporting insurer’s or HMO’s total admitted assets.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
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acquisitions asset threshold dispositions materiality
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Insurance Code § 402.051
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