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Tex. Insurance Code § 861.154

DIVIDENDS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 861.154, DIVIDENDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679749
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Except as authorized by Sections 403.001 and 403.051, the directors of a general casualty company may not issue dividends.