Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle I. COMPANIES THAT ARE NOT ORGANIZED IN TEXAS |
Chapter 982. FOREIGN AND ALIEN INSURANCE COMPANIES |
Subchapter E. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANIES |
Sec. 982.251. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANY
Latest version.
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The total value of an alien insurance company's general state deposits and trusteed assets less the total net amount of all the company's liabilities and reserves in the United States, as determined in accordance with Section 982.252, is the company's trusteed surplus in the United States.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.