Texas § 984.103 RETURN OF DEPOSIT.

Texas Statutes

§ 984.103 — RETURN OF DEPOSIT.

Texas § 984.103

Code INInsurance Code

This text of Texas § 984.103 (RETURN OF DEPOSIT.) 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. § 984.103 (2026).

Text

Sec. 984.103. RETURN OF DEPOSIT. With the approval of the department, the comptroller shall return the deposit required under this subchapter, or the unencumbered balance of the deposit, to the Mexican casualty insurance company on:

(1)the company's withdrawal from the business of insurance in this state; and

(2)a showing to the department that:

(A)each policy written by the company in this state has expired or been canceled; and

(B)each claim or obligation of the company on a policy written in this state that constitutes a lawful charge against the deposit has been satisfied. SUBCHAPTER D. TAXES AND CHARGES; REPORTS

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

Sec. 984.103. RETURN OF DEPOSIT. With the approval of the department, the comptroller shall return the deposit required under this subchapter, or the unencumbered balance of the deposit, to the Mexican casualty insurance company on:
(1) the company's withdrawal from the business of insurance in this state; and
(2) a showing to the department that:
(A) each policy written by the company in this state has expired or been canceled; and
(B) each claim or obligation of the company on a policy written in this state that constitutes a lawful charge against the deposit has been satisfied.
SUBCHAPTER D. TAXES AND CHARGES; REPORTS