Sec. 841.201. FORM OF REQUIRED CAPITAL AND SURPLUS. Notwithstanding any other provision of this code, after a charter is granted under this chapter, the domestic insurance company:
(1) shall maintain the company's minimum capital at all times in a form described by Section 841.054(c); and
(2) may invest the company's surplus as provided by this code.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle C - Life, Health, and Accident Insurers and Related Entities
Chapter 841 - Life, Health, or Accident Insurance Companies
Subchapter E. Capital and Surplus
Section 841.201. Form of Required Capital and Surplus
Section 841.202. Authorized Shares
Section 841.203. Company's Repurchase of Stock
Section 841.204. Exemption From Required Increase of Capital and Surplus
Section 841.205. Commissioner May Require Larger Capital and Surplus Amounts
Section 841.206. Impairment of Capital and Surplus
Section 841.207. Actions of Commissioner When Capital and Surplus Requirements Not Satisfied