Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle I - Surplus Lines Insurers; Companies Not Organized in Texas

Section 981.007. Liability of Surplus Lines Insurer for Losses and Unearned Premiums - Sec. 981.007. LIABILITY OF SURPLUS LINES INSURER FOR LOSSES AND...

Section 981.008. Surplus Lines Insurance Premium Tax - Sec. 981.008. SURPLUS LINES INSURANCE PREMIUM TAX. The premiums charged...

Section 981.009. Rules - Sec. 981.009. RULES. The commissioner may adopt rules to implement...

Subchapter B. Eligibility Requirements for Surplus Lines Insurers

Section 981.051. Authorization Required - Sec. 981.051. AUTHORIZATION REQUIRED. (a) Before an insurer may issue...

Section 981.054. Certain Preconditions Not Allowed - Sec. 981.054. CERTAIN PRECONDITIONS NOT ALLOWED. An eligible surplus lines...

Section 981.057. Minimum Capital and Surplus Requirements - Sec. 981.057. MINIMUM CAPITAL AND SURPLUS REQUIREMENTS. (a) Except as...

Section 981.058. Alien Insurers - Sec. 981.058. ALIEN INSURERS. An alien surplus lines insurer must...

Section 981.063. Commissioner or Department Not Responsible for Determining Unauthorized Insurer's Financial Condition or Claims Practices - Sec. 981.063. COMMISSIONER OR DEPARTMENT NOT RESPONSIBLE FOR DETERMINING UNAUTHORIZED...

Section 981.064. Commissioner May Order Revocation of Contracts - Sec. 981.064. COMMISSIONER MAY ORDER REVOCATION OF CONTRACTS. The commissioner...

Section 981.065. Applicability to Contract Extension - Sec. 981.065. APPLICABILITY TO CONTRACT EXTENSION. This subchapter and Sections...

Section 981.066. Uniform Standards - Sec. 981.066. UNIFORM STANDARDS. To issue surplus lines insurance in...

Subchapter B. -1. Domestic Surplus Lines Insurer

Section 981.071. Definition - Sec. 981.071. DEFINITION. In this subchapter, "domestic surplus lines insurer"...

Section 981.072. Designation as Domestic Surplus Lines Insurer - Sec. 981.072. DESIGNATION AS DOMESTIC SURPLUS LINES INSURER. (a) A...

Section 981.073. Applicability of Other Law; Conflicts - Sec. 981.073. APPLICABILITY OF OTHER LAW; CONFLICTS. (a) Except as...

Section 981.074. Authorized Business - Sec. 981.074. AUTHORIZED BUSINESS. (a) A domestic surplus lines insurer...

Section 981.075. Taxes Imposed - Sec. 981.075. TAXES IMPOSED. (a) The premium for a surplus...

Section 981.076. Requirements for Domestic Surplus Lines Documents - Sec. 981.076. REQUIREMENTS FOR DOMESTIC SURPLUS LINES DOCUMENTS. (a) In...

Section 981.077. Redomestication - Sec. 981.077. REDOMESTICATION. A foreign insurer may redomesticate to this...

Subchapter C. Requirements and Procedures for Issuance of Surplus Lines Documents

Section 981.101. Requirements for Surplus Lines Documents - Sec. 981.101. REQUIREMENTS FOR SURPLUS LINES DOCUMENTS. (a) In this...

Section 981.102. Limit on Use of Surplus Lines Policy or Contract Forms - Sec. 981.102. LIMIT ON USE OF SURPLUS LINES POLICY OR...

Section 981.103. Delivery to Insured of Surplus Lines Documents - Sec. 981.103. DELIVERY TO INSURED OF SURPLUS LINES DOCUMENTS. (a)...

Section 981.104. Delivery to Insured of Revised Surplus Lines Documents - Sec. 981.104. DELIVERY TO INSURED OF REVISED SURPLUS LINES DOCUMENTS....

Section 981.105. Filing With Stamping Office - Sec. 981.105. FILING WITH STAMPING OFFICE. (a) Not later than...

Subchapter D. Surplus Lines Stamping Office

Section 981.151. Status as Nonprofit Association - Sec. 981.151. STATUS AS NONPROFIT ASSOCIATION. The Surplus Lines Stamping...

Section 981.152. Board of Directors - Sec. 981.152. BOARD OF DIRECTORS. (a) The board of directors...

Section 981.153. Plan of Operation - Sec. 981.153. PLAN OF OPERATION. (a) The procedures to administer...

Section 981.154. Powers and Duties - Sec. 981.154. POWERS AND DUTIES. (a) The stamping office shall...

Section 981.155. Supervision by Commissioner - Sec. 981.155. SUPERVISION BY COMMISSIONER. The commissioner shall supervise the...

Section 981.156. Examination by Commissioner - Sec. 981.156. EXAMINATION BY COMMISSIONER. (a) The commissioner shall examine...

Section 981.157. Immunity From Liability - Sec. 981.157. IMMUNITY FROM LIABILITY. A person or entity is...

Section 981.158. Exemption From Public Information Law - Sec. 981.158. EXEMPTION FROM PUBLIC INFORMATION LAW. (a) An individual...

Section 981.159. Exemption From Library and Archives Law - Sec. 981.159. EXEMPTION FROM LIBRARY AND ARCHIVES LAW. Chapter 441,...

Section 981.160. No Enforcement Authority - Sec. 981.160. NO ENFORCEMENT AUTHORITY. This subchapter does not give...

Subchapter E. Surplus Lines Agents

Section 981.201. Definition - Sec. 981.201. DEFINITION. In this subchapter, "managing general agent" means...

Section 981.202. Surplus Lines License Required - Sec. 981.202. SURPLUS LINES LICENSE REQUIRED. An agent licensed by...

Section 981.203. Qualifications for Surplus Lines License - Sec. 981.203. QUALIFICATIONS FOR SURPLUS LINES LICENSE. (a) The department...

Section 981.204. Classification of Surplus Lines Agents - Sec. 981.204. CLASSIFICATION OF SURPLUS LINES AGENTS. The department may...

Section 981.210. Placement of Coverage - Sec. 981.210. PLACEMENT OF COVERAGE. A surplus lines agent may...

Section 981.211. Financial Condition of Surplus Lines Insurers - Sec. 981.211. FINANCIAL CONDITION OF SURPLUS LINES INSURERS. (a) A...

Section 981.212. Accepting Surplus Lines Insurance From Other Agents - Sec. 981.212. ACCEPTING SURPLUS LINES INSURANCE FROM OTHER AGENTS. (a)...

Section 981.213. Filing Contract With Stamping Office - Sec. 981.213. FILING CONTRACT WITH STAMPING OFFICE. A surplus lines...

Section 981.214. Compliance With Stamping Office Plan of Operation - Sec. 981.214. COMPLIANCE WITH STAMPING OFFICE PLAN OF OPERATION. A...

Section 981.215. Surplus Lines Agent Records - Sec. 981.215. SURPLUS LINES AGENT RECORDS. (a) A surplus lines...

Section 981.216. Annual Report - Sec. 981.216. ANNUAL REPORT. (a) Before March 1 of each...

Section 981.217. Notice to Department Required - Sec. 981.217. NOTICE TO DEPARTMENT REQUIRED. (a) A surplus lines...

Section 981.218. Department Monitoring of Surplus Lines Agents - Sec. 981.218. DEPARTMENT MONITORING OF SURPLUS LINES AGENTS. The commissioner...

Section 981.219. Advertising - Sec. 981.219. ADVERTISING. A surplus lines agent may advertise regarding...

Section 981.220. Managing General Agents; Limited Authority of Certain Agents - Sec. 981.220. MANAGING GENERAL AGENTS; LIMITED AUTHORITY OF CERTAIN AGENTS....

Section 981.221. Suspension or Revocation of License - Sec. 981.221. SUSPENSION OR REVOCATION OF LICENSE. If a license...

Section 981.222. Applicability of Other Law - Sec. 981.222. APPLICABILITY OF OTHER LAW. In addition to the...

Section 981.223. Managing Underwriters - Sec. 981.223. MANAGING UNDERWRITERS. (a) A managing underwriter with whom...

Chapter 982 - Foreign and Alien Insurance Companies

Subchapter A. General Provisions

Section 982.001. Definitions - Sec. 982.001. DEFINITIONS. In this chapter: (1) "Accident insurance company,"...

Section 982.002. Applicability of Chapter - Sec. 982.002. APPLICABILITY OF CHAPTER. This chapter applies to any...

Section 982.003. Life Insurance Companies Wanting to Loan Money - Sec. 982.003. LIFE INSURANCE COMPANIES WANTING TO LOAN MONEY. A...

Section 982.004. Financial Statements of Foreign or Alien Insurance Companies - Sec. 982.004. FINANCIAL STATEMENTS OF FOREIGN OR ALIEN INSURANCE COMPANIES....

Subchapter B. Authority to Engage in Business

Section 982.051. Certificate of Authority Required for Life, Health, or Accident Companies - Sec. 982.051. CERTIFICATE OF AUTHORITY REQUIRED FOR LIFE, HEALTH, OR...

Section 982.052. Certificate of Authority Required for Other Companies - Sec. 982.052. CERTIFICATE OF AUTHORITY REQUIRED FOR OTHER COMPANIES. Except...

Subchapter C. Requirements for Certificate of Authority

Section 982.101. Filing of Financial Statement by Life, Health, or Accident Insurance Company - Sec. 982.101. FILING OF FINANCIAL STATEMENT BY LIFE, HEALTH, OR...

Section 982.102. Filing of Financial Statement by Other Insurance Company; Examination - Sec. 982.102. FILING OF FINANCIAL STATEMENT BY OTHER INSURANCE COMPANY;...

Section 982.103. Filing of Financial Statement by Alien Insurance Company - Sec. 982.103. FILING OF FINANCIAL STATEMENT BY ALIEN INSURANCE COMPANY....

Section 982.104. Filing of Articles of Incorporation - Sec. 982.104. FILING OF ARTICLES OF INCORPORATION. (a) A foreign...

Section 982.105. Capital Stock and Surplus Requirements for Life, Health, or Accident Insurance Companies - Sec. 982.105. CAPITAL STOCK AND SURPLUS REQUIREMENTS FOR LIFE, HEALTH,...

Section 982.106. Capital Stock and Surplus Requirements for Other Insurance Companies - Sec. 982.106. CAPITAL STOCK AND SURPLUS REQUIREMENTS FOR OTHER INSURANCE...

Section 982.107. Applicability of Other Law - Sec. 982.107. APPLICABILITY OF OTHER LAW. Chapter 402 applies to...

Section 982.108. Deposit Requirements for Alien Insurance Company - Sec. 982.108. DEPOSIT REQUIREMENTS FOR ALIEN INSURANCE COMPANY. An alien...

Section 982.109. Duration of Deposit by Life, Health, or Accident Insurance Companies - Sec. 982.109. DURATION OF DEPOSIT BY LIFE, HEALTH, OR ACCIDENT...

Section 982.110. Duration of Deposit for Other Insurance Companies - Sec. 982.110. DURATION OF DEPOSIT FOR OTHER INSURANCE COMPANIES. An...

Section 982.111. Exception to Deposit Requirement: Trusteed Assets - Sec. 982.111. EXCEPTION TO DEPOSIT REQUIREMENT: TRUSTEED ASSETS. (a) On...

Section 982.112. Exception to Deposit Requirement: Deposit With Officer in Another State - Sec. 982.112. EXCEPTION TO DEPOSIT REQUIREMENT: DEPOSIT WITH OFFICER IN...

Section 982.113. Issuance of Certificate of Authority to Life, Health, or Accident Insurance Company - Sec. 982.113. ISSUANCE OF CERTIFICATE OF AUTHORITY TO LIFE, HEALTH,...

Section 982.114. Payment of Tax by Foreign or Alien Life Insurance Company - Sec. 982.114. PAYMENT OF TAX BY FOREIGN OR ALIEN LIFE...

Subchapter D. Trusteed Assets of Alien Insurance Companies

Section 982.201. Deed of Trust: General Provisions - Sec. 982.201. DEED OF TRUST: GENERAL PROVISIONS. (a) A deed...

Section 982.202. Deed of Trust: Approval by Commissioner - Sec. 982.202. DEED OF TRUST: APPROVAL BY COMMISSIONER. (a) The...

Section 982.203. Location of Trusteed Assets - Sec. 982.203. LOCATION OF TRUSTEED ASSETS. (a) The trusteed assets...

Section 982.204. Withdrawal of Trusteed Assets - Sec. 982.204. WITHDRAWAL OF TRUSTEED ASSETS. (a) The deed of...

Subchapter E. Trusteed Surplus of Alien Insurance Companies

Section 982.251. Trusteed Surplus of Alien Insurance Company - Sec. 982.251. TRUSTEED SURPLUS OF ALIEN INSURANCE COMPANY. The total...

Section 982.252. Form and Contents of Financial Statement of Alien Insurance Company - Sec. 982.252. FORM AND CONTENTS OF FINANCIAL STATEMENT OF ALIEN...

Section 982.253. Impairment of Trusteed Surplus - Sec. 982.253. IMPAIRMENT OF TRUSTEED SURPLUS. (a) If the commissioner...

Section 982.254. Failure to Eliminate Impairment of Trusteed Surplus - Sec. 982.254. FAILURE TO ELIMINATE IMPAIRMENT OF TRUSTEED SURPLUS. If...

Section 982.255. Examination of Alien Insurance Company - Sec. 982.255. EXAMINATION OF ALIEN INSURANCE COMPANY. (a) The books,...

Subchapter F. Provisions Applicable to Certain Companies

Section 982.301. Applicability of Subchapter - Sec. 982.301. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to...

Section 982.302. Reinsurance Not Prohibited - Sec. 982.302. REINSURANCE NOT PROHIBITED. This chapter does not prohibit...

Section 982.303. Texas Law Accepted - Sec. 982.303. TEXAS LAW ACCEPTED. A foreign or alien insurance...

Section 982.304. Same or Deceptively Similar Name - Sec. 982.304. SAME OR DECEPTIVELY SIMILAR NAME. A foreign or...

Section 982.305. Limitation on Actions in Other State Courts - Sec. 982.305. LIMITATION ON ACTIONS IN OTHER STATE COURTS. An...

Chapter 983 - Redomestication of Insurers and Health Maintenance Organizations

Subchapter A. General Provisions

Section 983.001. Definition - Sec. 983.001. DEFINITION. In this chapter, "redomestication" means a change...

Section 983.002. Rules - Sec. 983.002. RULES. The commissioner may adopt rules as necessary...

Subchapter B. Redomestication Process

Section 983.051. Redomestication: Foreign to Domestic - Sec. 983.051. REDOMESTICATION: FOREIGN TO DOMESTIC. (a) An insurer or...

Section 983.052. Redomestication: Domestic to Foreign - Sec. 983.052. REDOMESTICATION: DOMESTIC TO FOREIGN. (a) An insurer or...

Section 983.053. Redomestication: Foreign to Foreign - Sec. 983.053. REDOMESTICATION: FOREIGN TO FOREIGN. (a) An insurer or...

Section 983.054. Notice and Filing Required - Sec. 983.054. NOTICE AND FILING REQUIRED. An insurer or health...

Section 983.055. Forms of Insurance Policy or Evidence of Coverage - Sec. 983.055. FORMS OF INSURANCE POLICY OR EVIDENCE OF COVERAGE....

Section 983.056. Outstanding Insurance Policy or Evidence of Coverage: Change of Name - Sec. 983.056. OUTSTANDING INSURANCE POLICY OR EVIDENCE OF COVERAGE: CHANGE...

Subchapter C. Effect of Redomestication

Section 983.101. Continuation of Business - Sec. 983.101. CONTINUATION OF BUSINESS. (a) If a redomesticating insurer...

Section 983.102. Effect on Admitted Assets - Sec. 983.102. EFFECT ON ADMITTED ASSETS. Except as provided by...

Chapter 984 - Mexican Casualty Insurance Companies

Subchapter A. General Provisions

Section 984.001. Authority of Mexican Casualty Insurance Companies - Sec. 984.001. AUTHORITY OF MEXICAN CASUALTY INSURANCE COMPANIES. (a) An...

Section 984.002. Authorized Agent Required - Sec. 984.002. AUTHORIZED AGENT REQUIRED. A Mexican casualty insurance company...

Subchapter B. Authority to Engage in Business in This State

Section 984.051. Certificate of Authority Required - Sec. 984.051. CERTIFICATE OF AUTHORITY REQUIRED. A Mexican casualty insurance...

Section 984.052. Application - Sec. 984.052. APPLICATION. (a) To issue insurance policies under this...

Subchapter C. Deposit With Comptroller

Section 984.101. Deposit With Comptroller Required - Sec. 984.101. DEPOSIT WITH COMPTROLLER REQUIRED. (a) A Mexican casualty...

Section 984.102. Payments From Deposit - Sec. 984.102. PAYMENTS FROM DEPOSIT. On approval of the department,...

Section 984.103. Return of Deposit - Sec. 984.103. RETURN OF DEPOSIT. With the approval of the...

Subchapter D. Taxes and Charges; Reports

Section 984.151. Premium Tax - Sec. 984.151. PREMIUM TAX. (a) A Mexican casualty insurance company...

Section 984.152. Other Taxes and Charges - Sec. 984.152. OTHER TAXES AND CHARGES. In addition to paying...

Section 984.153. Reports - Sec. 984.153. REPORTS. A Mexican casualty insurance company shall make...

Subchapter E. Regulation and Enforcement

Section 984.201. Agreement to Comply With Chapter - Sec. 984.201. AGREEMENT TO COMPLY WITH CHAPTER. A Mexican casualty...

Section 984.202. Annual Statement - Sec. 984.202. ANNUAL STATEMENT. A Mexican casualty insurance company shall...

Section 984.203. Authority to Conduct Examination - Sec. 984.203. AUTHORITY TO CONDUCT EXAMINATION. The department may examine...

Section 984.204. Authority to Revoke or Suspend Certificate of Authority - Sec. 984.204. AUTHORITY TO REVOKE OR SUSPEND CERTIFICATE OF AUTHORITY....

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Texas Statutes Title 6 - Organization of Insurers and Related Entities Subtitle I - Surplus Lines Insurers; Companies Not Organized in Texas

Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle I - Surplus Lines Insurers; Companies Not Organized in Texas