Texas Statutes
§ 884.207 — NEW BUSINESS PROHIBITED WHEN CAPITAL REQUIREMENTS NOT SATISFIED.
Texas § 884.207
JurisdictionTexas
Code INInsurance Code
This text of Texas § 884.207 (NEW BUSINESS PROHIBITED WHEN CAPITAL REQUIREMENTS NOT SATISFIED.) 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. § 884.207 (2026).
Text
Sec. 884.207. NEW BUSINESS PROHIBITED WHEN CAPITAL REQUIREMENTS NOT SATISFIED.
(a)A stipulated premium company may not write new business in this state unless the company possesses the minimum capital required under this chapter.
(b)A stipulated premium company subject to Section 884.205 (a) that does not correct the impairment on or before the date provided by that subsection may not write new business in this state after that date until the impairment is corrected.
SUBCHAPTER F. GENERAL POWERS AND DUTIES OF STIPULATED PREMIUM COMPANY
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 884.001
DEFINITION.§ 884.003
ADMITTED ASSETS.§ 884.051
FORMATION OF COMPANY.§ 884.052
ARTICLES OF INCORPORATION.§ 884.053
COMPANY'S NAME.§ 884.055
SHARES OF STOCK.§ 884.056
APPLICATION FOR CHARTER.§ 884.058
EXAMINATION AFTER DETERMINATION.§ 884.059
ACTION ON APPLICATION.§ 884.060
BEGINNING OF CORPORATE EXISTENCE.§ 884.061
ORGANIZATIONAL MEETING.§ 884.101
SCHEDULE OF ASSETS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 884.207, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/884.207.