Section 912.308 - Amount and Investment of Surplus(a) A county mutual insurance company shall maintain an unencumbered surplus which may be invested only in items listed in Section 822.204. The unencumbered surplus must be at least:(1) $25,000, if the company is organized to write insurance coverage locally in only the county of its domicile;(2) $50,000, if the company is organized to write insurance coverage in only the county of its domicile and any adjacent county; or(3) an amount equal to the aggregate of the minimum capital and minimum surplus required under Sections 822.054, 822.202, 822.210, and 822.211, for a fire insurance company if the county mutual insurance company is organized to write insurance coverage statewide.(b) Except as provided by Section 912.056, a county mutual insurance company is subject to Subchapter B, Chapter 404, and Sections 822.203, 822.210, and 822.212.Amended By Acts 2009, 81st Leg., R.S., Ch. 677, Sec. 2, eff. 9/1/2009.Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2E.112, eff. 4/1/2009.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.