Tex. Ins. Code § 882.404 · Subchapter I. CONTINGENCY RESERVE
ALLOCATION OF CONTINGENCY RESERVE TO UNENCUMBERED SURPLUS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a mutual life insurance company's unencumbered surplus is less than $100,000, the company may allocate any part of the company's contingency reserve to the company's unencumbered surplus.
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.882.htm
- Text hash
- sha256 775e2a74a079ae94ad776b92cff94ff6faf8ace6bb4f430a81da23af4d032409
- 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 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 882.404. Each shows the citation as that text prints it.
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.