Tex. Ins. Code § 822.211 · Subchapter E. CAPITAL, SURPLUS, AND GUARANTY FUND REQUIREMENTS
ACTION OF COMMISSIONER WHEN CAPITAL OR SURPLUS REQUIREMENTS NOT SATISFIED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If an insurance company does not comply with the capital and surplus requirements of this chapter, the commissioner may enter an order prohibiting the company from writing new business and may:
(1) place the company under state supervision or conservatorship;
(2) declare the company to be in a hazardous condition as provided by Subchapter A, Chapter 404;
(3) declare the company to be impaired as provided by Subchapter B, Chapter 404; or
(4) apply to the company any other applicable sanction provided by this code.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.009, eff. April 1, 2009.
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 8ac27dc658216272fd94c3b88f1428fbffc3b9464641f526c38f6e6fa2b362fa
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 5 provisions
Provisions in this library whose text cites Tex. Ins. Code § 822.211. 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 § 862.151REDUCTION OF CAPITAL STOCK AND PAR VALUE OF SHARES.Printed as Sections 822.202, 822.210, and 822.211
- Tex. Ins. Code § 912.308AMOUNT AND INVESTMENT OF SURPLUS.Printed as Sections 822.054, 822.202, 822.210, and 822.211
- Tex. Ins. Code § 941.204AUTHORIZED INVESTMENTS.Printed as Sections 822.054, 822.202, 822.210, 822.211, and 941.201
- Tex. Ins. Code § 962.055CAPITAL AND SURPLUS REQUIREMENTS.Printed as Sections 822.054, 822.210, and 822.211
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.