Tex. Ins. Code § 981.102 · Subchapter C. REQUIREMENTS AND PROCEDURES FOR ISSUANCE OF SURPLUS LINES DOCUMENTS
LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A surplus lines insurance policy or contract form may not be used unless use of the form is:
(1) reasonably necessary for the principal purposes of the insurance coverage; or
(2) not contrary to the purposes of this chapter regarding the reasonable protection of authorized insurers from unwarranted competition by unauthorized insurers.
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.981.htm
- Text hash
- sha256 bbd6435d0d2735a7bf5bec0e81676cfe5aaa9aad059e167101919a4c0017af02
- 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.