Tex. Insurance Code § 911.302
LOCATION OF BUSINESS
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 911.302, LOCATION OF BUSINESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680390
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Full text
(a) Except as provided by Subsection (b), a farm mutual insurance company may write insurance in:
(1) the county in which the company's home office is located at the time of incorporation and in any county adjoining the county in and for which the company is organized;
(2) any county in which another farm mutual insurance company is not organized; and
(3) any county in this state if the company's reserve fund exceeds $200,000 in cash or securities in which the reserve fund of a stock fire insurance company may be invested.
(b) This section does not apply to a farm mutual insurance company organized and operating in this state under a certificate of authority issued before May 21, 1973, under former Chapter 16 of this code.