Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES |
Chapter 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES |
Subchapter E. CAPITAL AND SURPLUS |
Sec. 841.201. FORM OF REQUIRED CAPITAL AND SURPLUS
Latest version.
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Notwithstanding any other provision of this code, after a charter is granted under this chapter, the domestic insurance company:
(1) shall maintain the company's minimum capital at all times in a form described by Section 841.054(c); and
(2) may invest the company's surplus as provided by this code.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.