Tex. Ins. Code § 884.455

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 884.455 - Required Securities

The commissioner shall require that a stipulated premium company have securities of the class and character required by Sections 425.203-425.228 in the amount of the reserve liability computed for the company under Section 884.454 less any deficiency reserve under Section 884.453 after all the debts and claims against the company and the minimum capital required by this chapter have been applied.

Tex. Ins. Code § 884.455

Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2E.088, eff. 4/1/2009.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.