Texas Insurance Code

§ 884.201 — FORM OF CAPITAL AND SURPLUS

IN § 884.201Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 884. STIPULATED PREMIUM INSURANCE COMPANIES · Art. E. CAPITAL AND SURPLUS

Statute text

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After a charter is granted under this chapter, the stipulated premium company:

(1)shall maintain the company's minimum capital at all times in a form described by Section 884.054(d); and

(2)may invest the company's surplus as provided by Sections 425.203-425.228. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.079, eff. April 1, 2009.