Sec. 2054.252. AMOUNTS OF RATES

Latest version.

Rates charged by the company for insurance must be set in amounts sufficient, when invested, to:
(1) carry all claims to maturity;
(2) meet the reasonable expenses of conducting the company's business; and
(3) maintain a reasonable surplus.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.

                    
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