Texas § 981.102 LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS.

Texas Statutes

§ 981.102 — LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS.

Texas § 981.102

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This text of Texas § 981.102 (LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS.) 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.

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Tex. Insurance Code Code Ann. § 981.102 (2026).

Text

Sec. 981.102. LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS. A surplus lines insurance policy or contract form may not be used unless use of the form is:

(1)reasonably necessary for the principal purposes of the insurance coverage; or

(2)not contrary to the purposes of this chapter regarding the reasonable protection of authorized insurers from unwarranted competition by unauthorized insurers.

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Sec. 981.102. LIMIT ON USE OF SURPLUS LINES POLICY OR CONTRACT FORMS. A surplus lines insurance policy or contract form may not be used unless use of the form is:
(1) reasonably necessary for the principal purposes of the insurance coverage; or
(2) not contrary to the purposes of this chapter regarding the reasonable protection of authorized insurers from unwarranted competition by unauthorized insurers.