Texas Insurance Code 822.201 – Applicability of Capital and Surplus Requirements
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Terms Used In Texas Insurance Code 822.201
- Property: means real and personal property. See Texas Government Code 311.005
The capital and surplus requirements of this chapter apply to each insurance company or other entity, other than a farm mutual insurance company, authorized to write property and casualty insurance in this state including:
(1) a county mutual insurance company;
(2) a mutual insurance company, other than a mutual life insurance company;
(3) a Lloyd’s plan; and
(4) a reciprocal or interinsurance exchange.