Texas Insurance Code

§ 822.201 — APPLICABILITY OF CAPITAL AND SURPLUS REQUIREMENTS

IN § 822.201Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 822. GENERAL INCORPORATION AND REGULATORY REQUIREMENTS FOR INSURANCE COMPANIES OTHER THAN LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES · Art. E. CAPITAL, SURPLUS, AND GUARANTY FUND REQUIREMENTS

Statute text

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The capital and surplus requirements of this chapter apply to each insurance company or other entity, other than a farm mutual insurance company, authorized to write property and casualty insurance in this state including:

(1)a county mutual insurance company;

(2)a mutual insurance company, other than a mutual life insurance company;

(3)a Lloyd's plan; and

(4)a reciprocal or interinsurance exchange.

Legislative history

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