Tex. Ins. Code § 2054.252 · Subchapter F. GENERAL POWERS AND DUTIES RELATING TO INSURANCE
AMOUNTS OF RATES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2054.htm
- Text hash
- sha256 1a036dbb00971c7520adf46d6d2df8cd135c79399379dfcef0719e9a41ea868b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.