Tex. Ins. Code § 822.210 · Subchapter E. CAPITAL, SURPLUS, AND GUARANTY FUND REQUIREMENTS
COMMISSIONER MAY REQUIRE LARGER CAPITAL AND SURPLUS AMOUNTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner by rule or guideline may require an insurance company organized under this chapter to maintain capital and surplus in amounts that exceed the minimum amounts required by this chapter because of:
(1) the nature and kind of risks the company underwrites or reinsures;
(2) the premium volume of risks the company underwrites or reinsures;
(3) the composition, quality, duration, or liquidity of the company's investments;
(4) fluctuations in the market value of securities the company holds; or
(5) the adequacy of the company's reserves.
(b) A rule adopted under Subsection (a) must be designed to ensure the financial solvency of an insurance company for the protection of policyholders.
(c) An insurance company that, after notifying the commissioner, ceases to write or assume business continues to be subject to this section.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.822.htm
- Text hash
- sha256 1dabee35dde8fe3098e5e5eb6b1e110019c0e11902db699c9f1c11f139204f59
- 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
Cited by 15 provisions
Provisions in this library whose text cites Tex. Ins. Code § 822.210. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 404.053REMEDY FOR IMPAIRMENT.Printed as Section 822.054, 822.202, 822.203, 822.205, 822.210, 822.211, or 822.212
- Tex. Ins. Code § 424.001DEFINITIONS.Printed as Section 822.054 or 822.210
- Tex. Ins. Code § 443.004DEFINITIONS.Printed as Section 822.210, 841.205, or 843.404
- Tex. Ins. Code § 861.102ISSUANCE OF CERTIFICATE OF AUTHORITY.Printed as Sections 822.051, 822.052, 822.053, 822.054, 822.057, 822.058, 822.059, 822.060, and 822.210
- Tex. Ins. Code § 862.151REDUCTION OF CAPITAL STOCK AND PAR VALUE OF SHARES.Printed as Sections 822.202, 822.210, and 822.211
- Tex. Ins. Code § 862.152MAKING GOOD ON IMPAIRMENT.Printed as Sections 822.054 and 822.210
- Tex. Ins. Code § 862.153FAILURE OF SHAREHOLDER TO PAY.Printed as Section 822.054 or 822.210
- Tex. Ins. Code § 862.154CREATION AND DISPOSAL OF NEW STOCK.Printed as Section 822.054 or 822.210
- Tex. Ins. Code § 912.308AMOUNT AND INVESTMENT OF SURPLUS.Printed as Sections 822.054, 822.202, 822.210, and 822.211 | Sections 822.203, 822.210, and 822.212
- Tex. Ins. Code § 941.003LIMITED EXEMPTION FROM INSURANCE LAWS; APPLICATION OF CERTAIN LAWS.Printed as Sections 38.001, 501.159, 822.203, 822.205, 822.210, 822.212, 2002.005, 2002.051, and 2002.052
- Tex. Ins. Code § 941.204AUTHORIZED INVESTMENTS.Printed as Sections 822.054, 822.202, 822.210, 822.211, and 941.201
- Tex. Ins. Code § 942.003LIMITED EXEMPTION FROM INSURANCE LAWS; APPLICABILITY OF CERTAIN LAWS.Printed as Sections 38.001, 501.159, 822.203, 822.205, 822.210, 822.212, 861.254(a)
- Tex. Ins. Code § 962.004APPLICABILITY OF OTHER LAW.Printed as Sections 822.203, 822.205, 822.210, and 822.212
- Tex. Ins. Code § 962.055CAPITAL AND SURPLUS REQUIREMENTS.Printed as Sections 822.054, 822.210, and 822.211
- Tex. Ins. Code § 982.106CAPITAL STOCK AND SURPLUS REQUIREMENTS FOR OTHER INSURANCE COMPANIES.Printed as Sections 822.203, 822.205, 822.210, and 822.212
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.