Tex. Ins. Code § 941.051 · Subchapter B. FORMATION AND STRUCTURE OF LLOYD'S PLAN
FORMATION OF LLOYD'S PLAN.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) To write insurance on the Lloyd's plan, underwriters must:
(1) execute articles of agreement expressing the intent to write insurance; and
(2) comply with the requirements of this chapter.
(b) A Lloyd's plan must have at least 10 underwriters.
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.941.htm
- Text hash
- sha256 5959b6fa4e61380c31f858dae58cc2ba06971088dacaca773c4bf227f9efb06e
- 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.