Texas § 981.074 AUTHORIZED BUSINESS.

Texas Statutes

§ 981.074 — AUTHORIZED BUSINESS.

Texas § 981.074

Code INInsurance Code

This text of Texas § 981.074 (AUTHORIZED BUSINESS.) 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. § 981.074 (2026).

Text

Sec. 981.074. AUTHORIZED BUSINESS.

(a)A domestic surplus lines insurer may only insure a risk in this state if:

(1)the insurance is procured as eligible surplus lines insurance under this chapter; and

(2)the insurance is a kind of insurance the insurer is authorized to write under the insurer's articles of incorporation.

(b)A domestic surplus lines insurer may not issue:

(1)a policy in the admitted market; or

(2)a policy to satisfy the financial responsibility requirements of Chapter 601 , Transportation Code, insurance requirements of Chapter 406 , Labor Code, or requirements of any other law of this state mandating insurance coverage by an insurance company authorized to engage in the business of insurance in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 981.074. AUTHORIZED BUSINESS. (a) A domestic surplus lines insurer may only insure a risk in this state if:
(1) the insurance is procured as eligible surplus lines insurance under this chapter; and
(2) the insurance is a kind of insurance the insurer is authorized to write under the insurer's articles of incorporation.
(b) A domestic surplus lines insurer may not issue:
(1) a policy in the admitted market; or
(2) a policy to satisfy the financial responsibility requirements of Chapter 601 , Transportation Code, insurance requirements of Chapter 406 , Labor Code, or requirements of any other law of this state mandating insurance coverage by an insurance company authorized to engage in the business of insurance in this state.