Tex. Ins. Code Section 941.051
Formation of Lloyd’s Plan


(a)

To write insurance on the Lloyd’s plan, underwriters must:

(1)

execute articles of agreement expressing the intent to write insurance; and

(2)

comply with the requirements of this chapter.

(b)

A Lloyd’s plan must have at least 10 underwriters.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 941.051 — Formation of Lloyd's Plan, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­941.­htm#941.­051 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 941.051’s source at texas​.gov