Texas § 912.307 RESERVE REQUIREMENTS.

Texas Statutes

§ 912.307 — RESERVE REQUIREMENTS.

Texas § 912.307

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 912.307 (2026).

Text

Sec. 912.307. RESERVE REQUIREMENTS.

(a)A county mutual insurance company shall maintain unearned premium reserves as provided by Section 862.102 .

(b)The company shall invest the unearned premium reserves and any other type of reserves authorized by the company's board of directors in the same type of securities in which the reserve funds of insurance companies engaged in the same kind of business are required to be invested by law.

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Sec. 912.307. RESERVE REQUIREMENTS. (a) A county mutual insurance company shall maintain unearned premium reserves as provided by Section 862.102 .
(b) The company shall invest the unearned premium reserves and any other type of reserves authorized by the company's board of directors in the same type of securities in which the reserve funds of insurance companies engaged in the same kind of business are required to be invested by law.