Texas Insurance Code
§ 982.252 — FORM AND CONTENTS OF FINANCIAL STATEMENT OF ALIEN INSURANCE COMPANY
IN § 982.252Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · Ch. 982. FOREIGN AND ALIEN INSURANCE COMPANIES · Art. E. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANIES
Statute text
View on source(a)A financial statement required to be filed by an alien insurance company under Section 982.004 must be on a form prescribed by the commissioner and must show, as of the preceding December 31:
(1)the company's general deposits of assets in the United States deposited with officers of any state in trust for the exclusive benefit, security, and protection of the company's policyholders in the United States;
(2)the company's special deposits of assets in the United States deposited with officers of any state in trust for the exclusive benefit, security, and protection of the company's policyholders in a particular state;
(3)the company's trusteed assets in the United States held for the exclusive benefit, security, and protection of the company's policyholders in the United States;
(4)the company's reserves and other liabilities arising out of policies or obligations issued, assumed, or incurred in the United States; and
(5)any further information as determined necessary to implement this section.
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.