Tex. Ins. Code § 981.072 · Subchapter B-1. DOMESTIC SURPLUS LINES INSURER
DESIGNATION AS DOMESTIC SURPLUS LINES INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A property and casualty insurance company organized under Chapter 822 that has capital and surplus in an amount described by Section 981.057 may apply to the department in a form and manner prescribed by the commissioner for designation as a domestic surplus lines insurer.
(b) On approval of an application under Subsection (a), the commissioner shall designate an applicant as a domestic surplus lines insurer and issue to the applicant a domestic surplus lines insurer certificate.
(c) Notwithstanding Section 822.101, a domestic surplus lines insurer is not entitled to a certificate of authority to engage in the business of insurance in this state in the admitted market.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 854 (H.B. 2492), Sec. 5, eff. January 1, 2018.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.981.htm
- Text hash
- sha256 9c1ca0d53f02193c4adb42cb5ba38b2268c0f171cb983fea4859e89f083c697a
- 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 ch. 822GENERAL INCORPORATION AND REGULATORY REQUIREMENTS FOR INSURANCE COMPANIES OTHER THAN LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIESPrinted as Chapter 822
- Tex. Ins. Code § 822.101CERTIFICATE OF AUTHORITY.Printed as Section 822.101
- Tex. Ins. Code § 981.057MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.Printed as Section 981.057
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 981.072. Each shows the citation as that text prints it.
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.