28 Tex. Admin. Code § 3.1727 - Unauthorized Insurance
For purposes of Insurance Code § 101.051(b)(8) and (9), unauthorized insurance includes participation of a life settlement broker or provider in connection with a life settlement contract for which the insured resides in this state but for which the owner is a trust or similar entity domiciled in another state and created primarily to avoid the requirements of Insurance Code Chapter 1111A.
Notes
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