Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle B. ORGANIZATION OF REGULATED ENTITIES |
Chapter 822. GENERAL INCORPORATION AND REGULATORY REQUIREMENTS FOR INSURANCE COMPANIES OTHER THAN LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES |
Subchapter E. CAPITAL, SURPLUS, AND GUARANTY FUND REQUIREMENTS |
Sec. 822.201. APPLICABILITY OF CAPITAL AND SURPLUS REQUIREMENTS
Latest version.
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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.