Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle D - Casualty Companies

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 (a) Repealed by Acts 2013, 83rd...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...

Chapter 862 - Fire and Marine Insurance Companies

Subchapter A. Regulation of Fire and Marine Insurance Companies

Section 862.001. Annual Statement - Sec. 862.001. ANNUAL STATEMENT. (a) Each year the president or...

Section 862.002. Prohibitions Relating to Holding Real Property; Exceptions - Sec. 862.002. PROHIBITIONS RELATING TO HOLDING REAL PROPERTY; EXCEPTIONS. (a)...

Section 862.003. Admitted Assets - Sec. 862.003. ADMITTED ASSETS. The value of the property of...

Subchapter B. Insurance Coverage Provided by Fire and Marine Insurance Companies

Section 862.051. Kinds of Insurance Authorized - Sec. 862.051. KINDS OF INSURANCE AUTHORIZED. On filing notice of...

Section 862.052. Prohibitions Relating to Life Insurance and Life Insurance Companies - Sec. 862.052. PROHIBITIONS RELATING TO LIFE INSURANCE AND LIFE INSURANCE...

Section 862.053. Fire Insurance: Total Loss of Real Property - Sec. 862.053. FIRE INSURANCE: TOTAL LOSS OF REAL PROPERTY. (a)...

Section 862.054. Fire Insurance: Breach by Insured; Personal Property Coverage - Sec. 862.054. FIRE INSURANCE: BREACH BY INSURED; PERSONAL PROPERTY COVERAGE....

Section 862.055. Fire Insurance: Interest of Mortgagee or Trustee - Sec. 862.055. FIRE INSURANCE: INTEREST OF MORTGAGEE OR TRUSTEE. (a)...

Subchapter C. Reinsurance and Reserves

Section 862.101. Fire and Allied Lines of Insurance: Authorized and Required Reinsurance - Sec. 862.101. FIRE AND ALLIED LINES OF INSURANCE: AUTHORIZED AND...

Section 862.102. Reinsurance or Reserves Required for Fire Insurance - Sec. 862.102. REINSURANCE OR RESERVES REQUIRED FOR FIRE INSURANCE. (a)...

Section 862.103. Reinsurance or Reserves Required for Home Warranty Insurance Companies - Sec. 862.103. REINSURANCE OR RESERVES REQUIRED FOR HOME WARRANTY INSURANCE...

Section 862.104. Reserves Required for Ocean and Inland Marine Trip Insurance Companies - Sec. 862.104. RESERVES REQUIRED FOR OCEAN AND INLAND MARINE TRIP...

Subchapter D. Impairment of Surplus

Section 862.151. Reduction of Capital Stock and Par Value of Shares - Sec. 862.151. REDUCTION OF CAPITAL STOCK AND PAR VALUE OF...

Section 862.152. Making Good on Impairment - Sec. 862.152. MAKING GOOD ON IMPAIRMENT. (a) This section applies...

Section 862.153. Failure of Shareholder to Pay - Sec. 862.153. FAILURE OF SHAREHOLDER TO PAY. (a) If a...

Section 862.154. Creation and Disposal of New Stock - Sec. 862.154. CREATION AND DISPOSAL OF NEW STOCK. (a) A...

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Texas Statutes Title 6 - Organization of Insurers and Related Entities Subtitle D - Casualty Companies

Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle D - Casualty Companies