Sec. 822.201. APPLICABILITY OF CAPITAL AND SURPLUS REQUIREMENTS  


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  • The capital and surplus requirements of this chapter apply to each insurance company or other entity, other than a farm mutual insurance company, authorized to write property and casualty insurance in this state including:

    (1) a county mutual insurance company;

    (2) a mutual insurance company, other than a mutual life insurance company;

    (3) a Lloyd's plan; and

    (4) a reciprocal or interinsurance exchange.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.