Texas § 942.201 ANNUAL REPORT.

Texas Statutes

§ 942.201 — ANNUAL REPORT.

Texas § 942.201

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 942.201 (2026).

Text

Sec. 942.201. ANNUAL REPORT.

(a)Not later than March 1 of each year, the attorney in fact for an exchange shall submit to the commissioner a report covering the previous year ending December 31.

(b)The report must:

(1)demonstrate that the financial condition of affairs at the exchange is in accordance with the financial requirements of this chapter under Section 942.155 ; and

(2)provide any additional information and reports as required to show:

(A)the total amount of premiums or deposits collected;

(B)the total amount of losses paid;

(C)the total amounts returned to subscribers; and

(D)the amounts retained for expenses.

(c)The attorney in fact is not required to provide in the report the name and address of any subscriber.

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Sec. 942.201. ANNUAL REPORT. (a) Not later than March 1 of each year, the attorney in fact for an exchange shall submit to the commissioner a report covering the previous year ending December 31.
(b) The report must:
(1) demonstrate that the financial condition of affairs at the exchange is in accordance with the financial requirements of this chapter under Section 942.155 ; and
(2) provide any additional information and reports as required to show:
(A) the total amount of premiums or deposits collected;
(B) the total amount of losses paid;
(C) the total amounts returned to subscribers; and
(D) the amounts retained for expenses.
(c) The attorney in fact is not required to provide in the report the name and address of any subscriber.