Tex. Ins. Code § 2054.352 · Subchapter H. COMPANY AS INSURER OF LAST RESORT
REQUIRED DECLINATION OF CERTAIN RISKS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "good faith" means honesty in fact in any conduct or transaction.
(b) The company shall decline to insure a risk if:
(1) insuring the risk would cause the company to exceed the premium-to-surplus ratios established by Section 2054.156; or
(2) the risk is not, in good faith, entitled to insurance through the company.
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 fcb789eafb03fd9954056603f075433a8ace9c65cc069599e7a0c6a79c1ea1cd
- 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
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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.