Texas Insurance Code 984.052 – Application
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(a) To issue insurance policies under this chapter, a Mexican casualty insurance company must file with the department an application for a certificate of authority under this chapter.
(b) The application must be:
(1) in writing;
(2) accompanied by a correct English translation of the company’s charter and bylaws; and
(3) certified by:
(A) two of the company’s principal officers; and
(B) the insurance regulatory officials under whose supervision the company operates in the United Mexican States.
Terms Used In Texas Insurance Code 984.052
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
(c) Before the department issues a certificate of authority under this chapter to a Mexican casualty insurance company, the company must file with the department:
(1) a photostatic copy of any license held by the company to engage in the business of insurance in the United Mexican States;
(2) a copy of the company’s most recent financial reports or statements; and
(3) a copy of the most recent examination reports of the company’s affairs and financial condition by the insurance regulatory authorities under which the company operates in the United Mexican States.