Texas § 883.203 RESERVES.

Texas Statutes

§ 883.203 — RESERVES.

Texas § 883.203

Code INInsurance Code

This text of Texas § 883.203 (RESERVES.) 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. § 883.203 (2026).

Text

Sec. 883.203. RESERVES.

(a)A domestic mutual insurance company shall maintain unearned premiums and other reserves separately for each kind of insurance. The reserves must be maintained on the same basis as those reserves are required to be maintained by a domestic stock insurance company engaging in the same kinds of insurance.

(b)A mutual insurance company operating under this chapter is subject to the same reserve requirements as a domestic insurance company under law.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 883.203. RESERVES. (a) A domestic mutual insurance company shall maintain unearned premiums and other reserves separately for each kind of insurance. The reserves must be maintained on the same basis as those reserves are required to be maintained by a domestic stock insurance company engaging in the same kinds of insurance.
(b) A mutual insurance company operating under this chapter is subject to the same reserve requirements as a domestic insurance company under law.