Tex. Ins. Code Section 3502.152
Capital and Surplus Requirements

An insurer may not write mortgage guaranty insurance unless the insurer has the minimum capital and surplus required by Chapter 861 (General Casualty Companies) for a general casualty company.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.

Source: Section 3502.152 — Capital and Surplus Requirements, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.3502.htm#3502.152 (accessed Dec. 2, 2023).

3502.001
Applicability of Chapter 3502.002
Applicability of Other Law 3502.003
Mortgage Guaranty Insurance Defined 3502.004
Authorized Real Estate Security Defined 3502.051
General Eligibility to Write Mortgage Guaranty Insurance 3502.052
Eligibility of Foreign or Alien Insurer to Write Mortgage Guaranty Insurance 3502.053
Discrimination Prohibited 3502.101
Rate Filings 3502.102
Rate Standards 3502.103
Recording and Reporting of Loss and Expense Experience and Other Data 3502.104
Policy Form Filings 3502.105
Policy Form Standards 3502.106
Claim Against Residential Borrower 3502.107
Exemption 3502.108
Rules 3502.151
Definition 3502.152
Capital and Surplus Requirements 3502.153
Unearned Premium Reserve 3502.154
Loss Reserve 3502.155
Contingency Reserve 3502.156
Outstanding Total Liability 3502.157
Limit on Insurance of Certain Loans 3502.201
Definition 3502.202
Notice of Borrower’s Right to Cancel 3502.203
Refund of Premium

Up to date

Accessed:
Dec. 2, 2023

§ 3502.152’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._ins._code_section_3502.152

Original Source: Section 3502.152 — Capital and Surplus Requirements, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.3502.htm#3502.152 (last accessed Dec. 2, 2023).

Tex. Ins. Code Section 3502.152 Capital and Surplus Requirements

Tex. Ins. Code Section 3502.152
Capital and Surplus Requirements