Texas § 423.052 MONEY HELD IN POOLING ACCOUNT.

Texas Statutes

§ 423.052 — MONEY HELD IN POOLING ACCOUNT.

Texas § 423.052

Code INInsurance Code

This text of Texas § 423.052 (MONEY HELD IN POOLING ACCOUNT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 423.052 (2026).

Text

Sec. 423.052. MONEY HELD IN POOLING ACCOUNT.

(a)Only a domestic insurer and an affiliate, as described by Section 823.003 , may hold money in a pooling account.

(b)The accounting and operating records and books of the insurer and affiliate must be adequately detailed to identify specific insurance policies and policyholders with the money from premiums received by the insurer that issues the policies.

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Sec. 423.052. MONEY HELD IN POOLING ACCOUNT. (a) Only a domestic insurer and an affiliate, as described by Section 823.003 , may hold money in a pooling account.
(b) The accounting and operating records and books of the insurer and affiliate must be adequately detailed to identify specific insurance policies and policyholders with the money from premiums received by the insurer that issues the policies.