yourstate.us
Home / Texas / Insurance Code
Tex. Insurance Code § 883.163

IMMEDIATE NOTIFICATION WHEN ASSETS ARE INSUFFICIENT; EXAMINATION

Texas · Texas Insurance Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Insurance Code § 883.163, IMMEDIATE NOTIFICATION WHEN ASSETS ARE INSUFFICIENT; EXAMINATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679948
Permanent ID
ys:prov:679948@1
SHA-256
50aecbfe07681e9d2a038a09d140ce4447ffa8a6ca22f842a7da658c88a20d99

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The president and the secretary of a mutual insurance company operating under the law providing for the incorporation of mutual fire, lightning, hail, and storm insurance companies shall immediately notify the commissioner any time the admitted assets of the company are less than the largest single risk for which the company is liable. The commissioner may make an examination into the affairs of the company as the commissioner considers best.