Texas Statutes

§ 823.202 — CONSIDERATION FOR ACQUISITION.

Texas § 823.202
JurisdictionTexas
Code INInsurance Code

This text of Texas § 823.202 (CONSIDERATION FOR ACQUISITION.) 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. § 823.202 (2026).

Text

Sec. 823.202. CONSIDERATION FOR ACQUISITION.

(a)A statement required under Section 823.154 must contain:
(1)the source, nature, and amount of consideration for the acquisition of control;
(2)a description of any transaction from which the consideration for the acquisition of control is obtained; and
(3)the identity of each person providing the consideration.
(b)On request of the person filing the statement, the identity of a commercial lender who in the ordinary course of business provides consideration for the acquisition is confidential.

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Legislative History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Nearby Sections

15
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Bluebook (online)
Texas § 823.202, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/823.202.