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HB 362, 39th R.S.
Relating to establishing reciprocity between insurance companies organized under laws of the State of Texas and those of other States and foreign countries, imposing on such foreign insurance companies and their agents such requirements, conditions and the payment of such sums of money, whether a taxes, license, fee, fines, penalties, or deposits of securities, as may be required by the home State of such foreign insurance company or companies organized in this State or the agents thereof, in excess of those imposed by this State, and empowering the Commissioner of Insurance to refuse to cancel permits of foreign insurance companies where permits of Texas companies would be refused or cancelled in such foreign State or territory .

Author: Nathaniel Green Jacks
Coauthor: Robert Elbert High | John C. Downs | Joseph Robert Westbrook, Jr. | William T. McDonald

Subjects:
Insurance--General

House Committee: Insurance ()


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