Texas Insurance Code

§ 841.201 — FORM OF REQUIRED CAPITAL AND SURPLUS

IN § 841.201Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES · Art. E. CAPITAL AND SURPLUS

Statute text

View on source

Notwithstanding any other provision of this code, after a charter is granted under this chapter, the domestic insurance company:

(1)shall maintain the company's minimum capital at all times in a form described by Section 841.054(c); and

(2)may invest the company's surplus as provided by this code.

Legislative history

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