Tex. Ins. Code § 887.059 · Subchapter B. GENERAL POWERS AND DUTIES; OFFICERS AND DIRECTORS
BOOKS AND RECORDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An association shall keep the association's books and records in a form and manner that:
(1) accurately reflects the condition of the association or the facts essential to the association's faithful and effective operation; and
(2) is acceptable to the department.
(b) The association shall adopt forms or systems that are acceptable to the department and will most effectively serve the purpose described by Subsection (a)(1).
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.887.htm
- Text hash
- sha256 3f89e8a268f1dde3508705c773b65d9fe70ad86a60132527b126438a466adac5
- 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.