Sec. 982.251. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANY. The total value of an alien insurance company's general state deposits and trusteed assets less the total net amount of all the company's liabilities and reserves in the United States, as determined in accordance with Section 982.252, is the company's trusteed surplus in the United States.
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 I - Surplus Lines Insurers; Companies Not Organized in Texas
Chapter 982 - Foreign and Alien Insurance Companies
Subchapter E. Trusteed Surplus of Alien Insurance Companies
Section 982.251. Trusteed Surplus of Alien Insurance Company
Section 982.252. Form and Contents of Financial Statement of Alien Insurance Company
Section 982.253. Impairment of Trusteed Surplus
Section 982.254. Failure to Eliminate Impairment of Trusteed Surplus