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Tex. Insurance Code § 403.051

ESTIMATE OF PROFITS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 403.051, ESTIMATE OF PROFITS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677369
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An insurer organized under the laws of this state may not include the following in the estimate of the insurer's profits for the purpose of paying dividends under Section 403.001: (1) the reserve on all unexpired risks computed in the manner provided by this code; (2) the amount of all unpaid losses, whether adjusted or unadjusted; and (3) all other debts due and payable, or to become due and payable, by the insurer.