Texas Insurance Code

§ 491.051 — COMPUTATION OF RESERVE FOR INSURER WITH NO BASIS PRESCRIBED BY LAW

IN § 491.051Title 4. REGULATION OF SOLVENCY · Part F. REINSURANCE · Ch. 491. GENERAL REINSURANCE REQUIREMENTS · Art. B. COMPUTATION OF REINSURANCE RESERVE

Statute text

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For an insurer engaged in the business of a kind of insurance in this state, for which no basis is prescribed by law, the department shall compute the reinsurance reserve on the basis prescribed by Section 862.102 for an insurer writing fire insurance.

Legislative history

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