Texas Statutes
§ 941.051 — FORMATION OF LLOYD'S PLAN.
Texas § 941.051
JurisdictionTexas
Code INInsurance Code
This text of Texas § 941.051 (FORMATION OF LLOYD'S PLAN.) 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. § 941.051 (2026).
Text
Sec. 941.051. FORMATION OF LLOYD'S PLAN.
(a)To write insurance on the Lloyd's plan, underwriters must:
(1)execute articles of agreement expressing the intent to write insurance; and
(2)comply with the requirements of this chapter.
(b)A Lloyd's plan must have at least 10 underwriters.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 941.001
DEFINITIONS.§ 941.051
FORMATION OF LLOYD'S PLAN.§ 941.052
ATTORNEY IN FACT.§ 941.054
NAME OF LLOYD'S PLAN.§ 941.101
CERTIFICATE OF AUTHORITY REQUIRED.§ 941.151
LIABILITY OF UNDERWRITER.§ 941.153
ACCRUAL OF PROFITS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 941.051, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/941.051.