Sec. 912.303. BOOKS AND RECORDS. (a) A county mutual insurance company shall maintain the company's books and records in a form and manner that accurately reflects the condition of the company or the facts essential to the company's faithful and effective operation.
(b) The company shall use forms or systems that most effectively serve the purposes of this section.
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 F - Farm and County Mutual Insurance Companies
Chapter 912 - County Mutual Insurance Companies
Subchapter G. Regulation of County Mutual Insurance Company; Financial Requirements
Section 912.301. Report Regarding Condition of Company
Section 912.302. Annual Statement Fee
Section 912.303. Books and Records
Section 912.305. Security Deposit
Section 912.306. Required Bonds
Section 912.307. Reserve Requirements
Section 912.308. Amount and Investment of Surplus