Texas § 981.057 MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.

Texas Statutes

§ 981.057 — MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.

Texas § 981.057

Code INInsurance Code

This text of Texas § 981.057 (MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.) 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. § 981.057 (2026).

Text

Sec. 981.057. MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.

(a)Except as provided by Subsection (b), an eligible surplus lines insurer must maintain capital and surplus in an amount of at least $15 million.

(b)Subsection (a) does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners.

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Sec. 981.057. MINIMUM CAPITAL AND SURPLUS REQUIREMENTS. (a) Except as provided by Subsection (b), an eligible surplus lines insurer must maintain capital and surplus in an amount of at least $15 million.
(b) Subsection (a) does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners.

Legislative History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 595 (S.B. 951 ), Sec. 6, eff. June 14, 2013.