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Tex. Insurance Code § 981.211

FINANCIAL CONDITION OF SURPLUS LINES INSURERS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 981.211, FINANCIAL CONDITION OF SURPLUS LINES INSURERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680675
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(a) A surplus lines agent must make a reasonable effort to determine the financial condition of an eligible surplus lines insurer before placing insurance with that insurer. (b) A surplus lines agent may not knowingly place surplus lines insurance with a financially unsound insurer.