Texas Insurance Code
§ 942.201 — ANNUAL REPORT
IN § 942.201Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part G. LLOYD'S PLAN AND RECIPROCAL AND INTERINSURANCE EXCHANGES · Ch. 942. RECIPROCAL AND INTERINSURANCE EXCHANGES · Art. E. REGULATION OF EXCHANGES
Statute text
View on source(a)Not later than March 1 of each year, the attorney in fact for an exchange shall submit to the commissioner a report covering the previous year ending December 31.
(b)The report must:
(1)demonstrate that the financial condition of affairs at the exchange is in accordance with the financial requirements of this chapter under Section 942.155; and
(2)provide any additional information and reports as required to show:
(A)the total amount of premiums or deposits collected;
(B)the total amount of losses paid;
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.