This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:49 GMT
To comply with Insurance Code §964.062, the captive insurance company must submit any proposed change of information in its formation documents to the department and request approval of the change in advance. If the commissioner approves the change, the department will notify the captive insurance company in writing. Submission to the department is not a filing with the Texas Secretary of State, and the commissioner's approval does not constitute acceptance or affect any review of the proposed amendment by the Texas Secretary of State.