Texas Statutes
Subtitle D - Casualty Companies
Chapter 861 - General Casualty Companies

Subchapter A. General Provisions

Section 861.001. Definitions - Sec. 861.001. DEFINITIONS. In this chapter: (1) "General casualty company"...

Subchapter B. Formation and Structure of General Casualty Company

Section 861.051. Formation of Company Authorized - Sec. 861.051. FORMATION OF COMPANY AUTHORIZED. Three or more persons,...

Section 861.052. Articles of Incorporation; Filing and Recording Requirement - Sec. 861.052. ARTICLES OF INCORPORATION; FILING AND RECORDING REQUIREMENT. (a)...

Section 861.053. Preliminary Officers and Directors - Sec. 861.053. PRELIMINARY OFFICERS AND DIRECTORS. The incorporators shall choose...

Section 861.054. Subscription of Stock - Sec. 861.054. SUBSCRIPTION OF STOCK. The incorporators shall: (1) open...

Section 861.055. Organizational Meeting - Sec. 861.055. ORGANIZATIONAL MEETING. (a) After receiving a certified copy...

Subchapter C. Authority to Engage in Business

Section 861.101. Certificate of Authority Required - Sec. 861.101. CERTIFICATE OF AUTHORITY REQUIRED. A general casualty company...

Section 861.102. Issuance of Certificate of Authority - Sec. 861.102. ISSUANCE OF CERTIFICATE OF AUTHORITY. (a) The department...

Subchapter D. Powers and Duties of General Casualty Company

Section 861.151. Authority of Board of Directors - Sec. 861.151. AUTHORITY OF BOARD OF DIRECTORS. Subject to the...

Section 861.152. General Powers of Company - Sec. 861.152. GENERAL POWERS OF COMPANY. A general casualty company...

Section 861.153. Authorized Shares - Sec. 861.153. AUTHORIZED SHARES. (a) A general casualty company may...

Section 861.154. Dividends - Sec. 861.154. DIVIDENDS. Except as authorized by Sections 403.001 and...

Section 861.155. Interference With Conduct of Business Prohibited; Exceptions - Sec. 861.155. INTERFERENCE WITH CONDUCT OF BUSINESS PROHIBITED; EXCEPTIONS. A...

Subchapter E. Insurance Coverage Provided by General Casualty Companies

Section 861.201. Kinds of Insurance Authorized - Sec. 861.201. KINDS OF INSURANCE AUTHORIZED. (a) A general casualty...

Subchapter F. Regulation of General Casualty Company

Section 861.251. Minimum Capital and Surplus - Sec. 861.251. MINIMUM CAPITAL AND SURPLUS. (a) A general casualty...

Section 861.252. Security Deposit - Sec. 861.252. SECURITY DEPOSIT. (a) Repealed by Acts 2013, 83rd...

Section 861.253. Interest on Security Deposits - Sec. 861.253. INTEREST ON SECURITY DEPOSITS. (a) A general casualty...

Section 861.254. Annual Statement; Filing Fee - Sec. 861.254. ANNUAL STATEMENT; FILING FEE. (a) The president, vice...

Section 861.255. Rules Regarding Certain Assets - Sec. 861.255. RULES REGARDING CERTAIN ASSETS. (a) The value of...

Section 861.256. Failure to Make Deposit or Deliver Annual Statement - Sec. 861.256. FAILURE TO MAKE DEPOSIT OR DELIVER ANNUAL STATEMENT....

Section 861.257. Examination of Company - Sec. 861.257. EXAMINATION OF COMPANY. A general casualty company is...

Section 861.258. Real Property - Sec. 861.258. REAL PROPERTY. (a) A general casualty company is...

Subchapter O. Disciplinary Procedures and Penalty

Section 861.701. Revocation of Certificate - Sec. 861.701. REVOCATION OF CERTIFICATE. (a) If, as a result...

Section 861.702. Penalty - Sec. 861.702. PENALTY. A general casualty company that violates Section...

Section 861.703. Collection of Penalty - Sec. 861.703. COLLECTION OF PENALTY. (a) The attorney general or...