Tex. Insurance Code § 882.404
ALLOCATION OF CONTINGENCY RESERVE TO UNENCUMBERED SURPLUS
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 882.404, ALLOCATION OF CONTINGENCY RESERVE TO UNENCUMBERED SURPLUS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679865
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Full text
If a mutual life insurance company's unencumbered surplus is less than $100,000, the company may allocate any part of the company's contingency reserve to the company's unencumbered surplus.