Tex. Ins. Code § 404.052 · Subchapter B. IMPAIRMENT OF STOCK OR SURPLUS
DETERMINATION OF IMPAIRMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) When determining under this subchapter whether the surplus or the minimum required aggregate surplus of an insurer is impaired, the commissioner shall charge against the insurer:
(1) the reinsurance reserve required by the laws of this state; and
(2) all other debts and claims against the insurer.
(b) This section does not apply to a life insurance company.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, 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.404.htm
- Text hash
- sha256 26033d9a0f9d4f68f7af3c54398141c68b278a6ff2607b896a2171b4b6e2c29d
- 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.