Tex. Ins. Code Section 3502.153
Unearned Premium Reserve


Except as provided by Subsection (b), the unearned premium reserve on mortgage guaranty insurance must be computed in accordance with this code.


For a policy covering a risk period of more than one year, the unearned premium reserve must be computed in accordance with standards adopted by the commissioner after appropriate hearings.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.

Source: Section 3502.153 — Unearned Premium Reserve, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­3502.­htm#3502.­153 (accessed Nov. 25, 2023).

Nov. 25, 2023

§ 3502.153’s source at texas​.gov