Texas Insurance Code 4152.216 – Employment of Person by Insurer and Manager
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Terms Used In Texas Insurance Code 4152.216
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
A person may not be employed by an insurer and a manager with whom the insurer transacts business unless the manager is:
(1) under common control with the insurer; and
(2) subject to Chapter 823.