Texas Insurance Code 862.003 – Admitted Assets
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 862.003
- Property: means real and personal property. See Texas Government Code 311.005
The value of the property of the company shown on the report as determined under Section 862.001 and the rules adopted by the commissioner adopted under that section is considered to be an admitted asset of the company for all purposes.