Tex. Ins. Code § 911.304 · Subchapter G. REGULATION OF FARM MUTUAL INSURANCE COMPANY; FINANCIAL REQUIREMENTS
ANNUAL REPORTS REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A farm mutual insurance company shall annually prepare a written report as required by this section and submit the report to the company's policyholders.
(b) The annual report must show:
(1) the total amount of premiums paid during the year for the policyholders' insurance;
(2) the company's operating expenses; and
(3) the total amount of claims paid and the amount paid for each covered peril.
(c) Repealed by Acts 2007, 80th Leg., R.S., Ch. 47, Sec. 2, eff. May 8, 2007.
(d) The company shall make available to each policyholder a copy of the annual report at the time and in the manner prescribed by the company's bylaws.
(e) A farm mutual insurance company shall make annual reports to the department as required by the commissioner or by law.
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. 47 (S.B. 849), Sec. 1, eff. May 8, 2007.
Acts 2007, 80th Leg., R.S., Ch. 47 (S.B. 849), Sec. 2, eff. May 8, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.911.htm
- Text hash
- sha256 dbe09b989f1e55d30f39253defec77c8258373f9e88a0143efb600a627137d53
- 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.