Sec. 2551.257. SUPPLEMENTAL RESERVE. Each domestic or foreign title insurer shall establish a supplemental reserve in an amount equal to the amount by which the actuarially certified reserves exceed the total of the known claim reserve and statutory premium reserve as set forth in the insurer's annual statement required under Section 2551.152.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Section: Previous 2551.204 2551.251 2551.252 2551.253 2551.254 2551.255 2551.256 2551.257 2551.258 2551.259 2551.260 2551.261 2551.301 2551.302 2551.304 NextLast modified: September 28, 2016