Texas Statutes
§ 827.003 — WITHDRAWAL PLAN REQUIRED.
Texas § 827.003
JurisdictionTexas
Code INInsurance Code
This text of Texas § 827.003 (WITHDRAWAL PLAN REQUIRED.) 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. § 827.003 (2026).
Text
Sec. 827.003. WITHDRAWAL PLAN REQUIRED. An insurer shall file with the commissioner a plan for orderly withdrawal if the insurer proposes to:
(1)reduce the insurer's total annual premium volume by 50 percent or more;
(2)reduce the insurer's annual premium by 75 percent or more in a line of insurance in this state; or
(3)reduce in this state, or in any applicable rating territory, the insurer's total annual premium volume in a line of personal automobile or residential property insurance by 50 percent or more.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 206, Sec. 10.03, eff. June 11, 2003.
Nearby Sections
11
§ 827.001
DEFINITIONS.§ 827.002
EXEMPTION.§ 827.003
WITHDRAWAL PLAN REQUIRED.§ 827.004
PROVISIONS OF WITHDRAWAL PLAN.§ 827.005
APPROVAL OF WITHDRAWAL PLAN.§ 827.007
PENALTIES.§ 827.008
RESTRICTION PLAN.§ 827.009
DEPOSIT OF SECURITIES.§ 827.010
MORATORIUM.§ 827.011
RULES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 827.003, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/827.003.