Texas Statutes
§ 2211.105 — RETENTION AND USE OF PROFITS BY ASSOCIATION.
Texas § 2211.105
JurisdictionTexas
Code INInsurance Code
This text of Texas § 2211.105 (RETENTION AND USE OF PROFITS BY ASSOCIATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Insurance Code Code Ann. § 2211.105 (2026).
Text
Sec. 2211.105. RETENTION AND USE OF PROFITS BY ASSOCIATION.
(a)The association shall retain any profits of the association to be used for the purposes of the association.
(b)The association:
(1)shall use the profits to mitigate losses, including purchasing reinsurance and offsetting future assessments; and
(2)may not distribute the profits to insurers.
SUBCHAPTER D. COVERAGE PROVIDED TO INSUREDS
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Nearby Sections
15
§ 2211.001
DEFINITIONS.§ 2211.002
IMMUNITY.§ 2211.003
APPEALS; JUDICIAL REVIEW.§ 2211.051
ESTABLISHMENT OF FAIR PLAN.§ 2211.0521
MEETINGS OF GOVERNING BODY.§ 2211.053
AMENDMENTS TO PLAN OF OPERATION.§ 2211.054
CONTENTS OF PLAN OF OPERATION.§ 2211.056
FILING AND APPROVAL OF RATES.§ 2211.057
POWERS OF COMMISSIONER.§ 2211.058
ANNUAL OPERATING REPORT.§ 2211.059
ASSETS OF ASSOCIATION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 2211.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/2211.105.