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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The name of an exchange must contain the term “reciprocal,” “inter-insurance exchange,” “underwriters,” “association,” “exchange,” “underwriting,” “inter-insurers,” or “inter-insurors.”
(b) The name selected for an exchange may not be so similar to the name of a similar organization or an insurer that, in the opinion of the department, the name is calculated to confuse or deceive.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 942.054. Name of Exchange - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-942-054/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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