SB 50, 38th R.S.
Relating to establishing reciprocity between insurance companies organized under the Laws of the State of Texas, and those of other states or foreign countries, imposing on such foreign insurance companies and their agents the same requirements, conditions and the payment of such sums of money, whether as taxes, license, fee, fines, penalties, or as deposits of securities, as may be required by the home state of such foreign insurance company or companies of companies organized in this State or the agents thereof, and empowering the Commissioner of Insurance and Banking to refuse or cancel permit of foreign insurance companies where permits of Texas companies would be refused or cancelled in such foreign state or territory.
Author: John Davis
Subjects:
INSURANCE & BANKING, COMMISSIONER OF
Insurance--General
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