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Texas Insurance Code - Chapter 403 Dividends

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  • Texas Insurance Code Section 403.001 - Limitation On Dividends
    An insurer organized under the laws of this state, including a life, health, fire, marine, or inland marine insurance company, may not pay a dividend ...
  • Texas Insurance Code Section 403.002 - Dividends To Policyholders In Commercial Lines
    (a) An insurer may pay to a commercial policyholder or group of commercial policyholders a dividend that covers more than one class or line of ...
  • Texas Insurance Code Section 403.051 - Estimate Of Profits
    An insurer organized under the laws of this state may not include the following in the estimate of the insurer's profits for the purpose of ...
  • Texas Insurance Code Section 403.052 - Estimate Of Profits Of Certain Insurers
    A life, health, fire, marine, or inland marine insurance company organized under the laws of this state may not include the following in the estimate ...
  • Texas Insurance Code Section 403.053 - Acquired Earned Surplus
    (a) This section applies only to: (1) a stock domestic insurance company authorized to engage in the business of life, accident, or health insurance in ...
  • Texas Insurance Code Section 403.101 - Penalties
    (a) The department may revoke the charter of an insurer organized under the laws of this state that pays a dividend in violation of Sections ...
  • Texas Insurance Code Section 403.102 - Penalties For Certain Insurers
    The department may revoke the charter of a life, health, fire, marine, or inland marine insurance company organized under the laws of this state that ...
  • Last modified: August 11, 2007