Texas Insurance Code

§ 426.002 — COMPUTATION OF RESERVES

IN § 426.002Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 426. RESERVES FOR WORKERS' COMPENSATION INSURANCE COMPANIES

Statute text

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Reserves required by Section 426.001 must be computed in accordance with any rules adopted by the commissioner to adequately protect insureds, secure the solvency of the workers' compensation insurance company, and prevent unreasonably large reserves.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.