Tex. Insurance Code § 941.051
FORMATION OF LLOYD'S PLAN
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 941.051, FORMATION OF LLOYD'S PLAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680464
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Full text
(a) To write insurance on the Lloyd's plan, underwriters must:
(1) execute articles of agreement expressing the intent to write insurance; and
(2) comply with the requirements of this chapter.
(b) A Lloyd's plan must have at least 10 underwriters.