Sec. 842.206. MINIMUM SURPLUS REQUIREMENT. Each group hospital service corporation shall maintain a surplus of at least $100,000 to meet adverse contingencies.
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 842 - Group Hospital Service Corporations
Subchapter E. Regulation of Group Hospital Service Corporations
Section 842.201. Annual Statement; Filing Fee
Section 842.202. Reserve Requirements
Section 842.203. Final Judgment Deposit
Section 842.204. Investment Limitations
Section 842.205. Incurred Expenses
Section 842.206. Minimum Surplus Requirement
Section 842.207. Contracts; Reinsurance; Other Agreements
Section 842.208. Books and Records
Section 842.210. Liquidation, Rehabilitation, or Conservation of Group Hospital Service Corporation