Texas Insurance Code - Section 404.004. Construction With Law Relating To Capital And Surplus
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§ 404.004. CONSTRUCTION WITH LAW RELATING TO CAPITAL AND
SURPLUS. The commissioner's authority under Section 404.003 to
require an increase in an insurer's capital and surplus by
contribution, and any capital and surplus requirements imposed by
the commissioner under that section, prevail over:
(1) the capital and surplus requirements of:
(A) Sections 822.054, 822.201-822.203, 822.205,
822.210-822.212, 841.054, 841.201, 841.204, 841.205, 841.207,
884.206, 884.308, and 884.309; and
(B) Subchapter G, Chapter 841 ;
(2) any other provision of this code or other law
establishing capital and surplus requirements for insurers; and
(3) any rule adopted under a law described by
Subdivision (1) or (2).
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 403.052 403.053 403.101 403.102 404.001 404.002 404.003 404.004 404.005 404.006 404.051 404.052 404.053 421.001 421.002
Last modified: August 11, 2007
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