Texas Insurance Code Chapter 491 > Subchapter B – Computation of Reinsurance Reserve
Current as of: 2024 | Check for updates
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Other versions
§ 491.051 | Computation of Reserve for Insurer With No Basis Prescribed by Law |
§ 491.052 | Computation of Reinsurance Reserves for Certain Insurers |
Terms Used In Texas Insurance Code Chapter 491 > Subchapter B - Computation of Reinsurance Reserve
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Year: means 12 consecutive months. See Texas Government Code 311.005