Texas Insurance Code

§ 821.003 — MINIMUM REQUIREMENTS

IN § 821.003Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 821. GENERAL PROVISIONS · Art. A. MINIMUM INSURANCE TO BE MAINTAINED BY INSURER

Statute text

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An insurer must maintain at all times not less than 100 policyholders or certificate holders nor less than $200,000 of insurance that the insurer has written or acquired through reinsurance contracts.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.