Tex. Ins. Code § 942.201 · Subchapter E. REGULATION OF EXCHANGES
ANNUAL REPORT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than March 1 of each year, the attorney in fact for an exchange shall submit to the commissioner a report covering the previous year ending December 31.
(b) The report must:
(1) demonstrate that the financial condition of affairs at the exchange is in accordance with the financial requirements of this chapter under Section 942.155; and
(2) provide any additional information and reports as required to show:
(A) the total amount of premiums or deposits collected;
(B) the total amount of losses paid;
(C) the total amounts returned to subscribers; and
(D) the amounts retained for expenses.
(c) The attorney in fact is not required to provide in the report the name and address of any subscriber.
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.942.htm
- Text hash
- sha256 90f270eca31d67d3e46bd4b669281502ad9e842646419026566b6446f734ec86
- 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
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