ESTIMATE OF PROFITS OF CERTAIN INSURERS

A life, health, fire, marine, or inland marine insurance company organized under the laws of this state may not include the following in the estimate of the company'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; (3) each amount due the company on bonds, mortgages, stocks, or book-accounts on which no part of the principal or interest has been paid during the year preceding the estimate of profits and for which: (A) a suit for foreclosure or collection has not been commenced; or (B) a judgment obtained in a suit for foreclosure or collection has remained unsatisfied for a period of more than two years and no interest has been paid on the judgment; and (4) if no interest has been paid on a judgment described by Subdivision (3)(B), any interest that is due or accrued on the judgment and remains unpaid.