Tex. Ins. Code § 884.201

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 884.201 - Form of Capital and Surplus

After a charter is granted under this chapter, the stipulated premium company:

(1) shall maintain the company's minimum capital at all times in a form described by Section 884.054(d); and

(2) may invest the company's surplus as provided by Sections 425.203-425.228.

Tex. Ins. Code § 884.201

Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2E.079, eff. 4/1/2009.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.