Tex. Ins. Code Section 962.004
Applicability of Other Law


An insurer operating under this chapter is subject to the following provisions, if not in conflict with this chapter:

(1)

the other chapters of this code, including:

(A)

Chapter 221 (Property and Casualty Insurance Premium Tax);

(B)

Chapter 281 (Retaliatory Provisions), other than any minimum capital and surplus requirements specified in that chapter;

(C)

Chapter 822 (General Incorporation and Regulatory Requirements for Insurance Companies Other than Life, Health, or Accident Insurance Companies), including Sections 822.203 (Capital Required Generally), 822.205 (Unencumbered Surplus or Guaranty Fund Requirements for Certain Insurance Companies), 822.210 (Commissioner May Require Larger Capital and Surplus Amounts), and 822.212 (Increase of Capital and Surplus);

(D)

Chapter 861 (General Casualty Companies); and

(E)

Chapter 402 (Disclosure of Material Transactions); and

(2)

Section 171.0525 (Exemption--certain Insurance Companies), Tax Code.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 16, eff. April 1, 2007.

Source: Section 962.004 — Applicability of Other Law, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­962.­htm#962.­004 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 962.004’s source at texas​.gov