Tex. Ins. Code § 884.455 · Subchapter J. RESERVES
REQUIRED SECURITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commissioner shall require that a stipulated premium company have securities of the class and character required by Sections 425.203-425.228 in the amount of the reserve liability computed for the company under Section 884.454 less any deficiency reserve under Section 884.453 after all the debts and claims against the company and the minimum capital required by this chapter have been applied.
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.088, 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.884.htm
- Text hash
- sha256 7c92e8d86e18fd20193a8d3e3ecfa8e4d452ec380766ee91437c85dec8a1639e
- 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.
Insurance Code
- Tex. Ins. Code § 425.203LIMITATION ON FUNDS AND OTHER ASSETS.Printed as Sections 425.203-425.228
- Tex. Ins. Code § 425.228INVESTMENTS OF CEDING INSURER.Printed as Sections 425.203-425.228
- Tex. Ins. Code § 884.453DEFICIENCY RESERVE.Printed as Section 884.453
- Tex. Ins. Code § 884.454COMMISSIONER'S COMPUTATION OF RESERVE LIABILITY.Printed as Section 884.454
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.