Tex. Ins. Code Section 862.104
Reserves Required for Ocean and Inland Marine Trip Insurance Companies

The total of the premiums on ocean and inland marine trip insurance risks not terminated is considered to be unearned, and the insurance company shall maintain a reserve equal to the total of the premiums for those policies.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 862.104 — Reserves Required for Ocean and Inland Marine Trip Insurance Companies, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.862.htm#862.104 (accessed Jun. 5, 2024).

862.001
Annual Statement 862.002
Prohibitions Relating to Holding Real Property 862.003
Admitted Assets 862.051
Kinds of Insurance Authorized 862.052
Prohibitions Relating to Life Insurance and Life Insurance Companies 862.053
Fire Insurance: Total Loss of Real Property 862.054
Fire Insurance: Breach by Insured 862.055
Fire Insurance: Interest of Mortgagee or Trustee 862.101
Fire and Allied Lines of Insurance: Authorized and Required Reinsurance 862.102
Reinsurance or Reserves Required for Fire Insurance 862.103
Reinsurance or Reserves Required for Home Warranty Insurance Companies 862.104
Reserves Required for Ocean and Inland Marine Trip Insurance Companies 862.151
Reduction of Capital Stock and Par Value of Shares 862.152
Making Good on Impairment 862.153
Failure of Shareholder to Pay 862.154
Creation and Disposal of New Stock

Up to date

Accessed:
Jun. 5, 2024

§ 862.104’s source at texas.gov

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Texas runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral & Information Service (LRIS)

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://texas.public.law/statutes/tex._ins._code_section_862.104

Original Source: Section 862.104 — Reserves Required for Ocean and Inland Marine Trip Insurance Companies, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.862.htm#862.104 (last accessed Jun. 5, 2024).

Tex. Ins. Code Section 862.104 Reserves Required for Ocean and Inland Marine Trip Insurance Companies

Tex. Ins. Code Section 862.104
Reserves Required for Ocean and Inland Marine Trip Insurance Companies