Tex. Ins. Code § 491.051 · Subchapter B. COMPUTATION OF REINSURANCE RESERVE
COMPUTATION OF RESERVE FOR INSURER WITH NO BASIS PRESCRIBED BY LAW.
Text — Current through the 89th 2nd Called Legislative Session, 2025
For an insurer engaged in the business of a kind of insurance in this state, for which no basis is prescribed by law, the department shall compute the reinsurance reserve on the basis prescribed by Section 862.102 for an insurer writing fire insurance.
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.491.htm
- Text hash
- sha256 0590a896023124d594567bdc9dbb990ee910c6d8c92fd34bbea842578bbcc9ec
- 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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