Tex. Ins. Code § 830.003 · Chapter 830. OWN RISK AND SOLVENCY ASSESSMENT
RISK MANAGEMENT FRAMEWORK.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on the insurer's material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 39 (S.B. 655), Sec. 1, eff. May 19, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.830.htm
- Text hash
- sha256 4947b7ffdbcfca0b0f9486a7f15a9e9e35456f15cea3afb9401dcc80fd350719
- 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.