Texas Insurance Code
§ 884.256 — ANNUAL STATEMENT; FILING FEE
IN § 884.256Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 884. STIPULATED PREMIUM INSURANCE COMPANIES · Art. F. GENERAL POWERS AND DUTIES OF STIPULATED PREMIUM COMPANY
Statute text
View on source(a)Except as provided by Section 884.406, not later than March 31 of each year a stipulated premium company shall:
(1)prepare a statement showing the condition of the company on December 31 of the preceding year; and
(2)deliver the statement to the department accompanied by a filing fee in the amount determined under Chapter 202.
(b)The statement must be under the oath of two of the stipulated premium company's officers and must show in detail:
(1)the character of the company's assets and liabilities on December 31 of the preceding year;
(2)the amount and character of business transacted and money received during the year and how money was spent during the year;
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Legislative history
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.081, eff. April 1, 2009.