Texas Insurance Code Title 4, Chapter 403 - Dividends

SUBCHAPTER A PAYMENT OF DIVIDENDS

• Texas 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 shareholder...

SUBCHAPTER B ESTIMATE OF PROFITS

• Texas 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 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 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...

SUBCHAPTER C PENALTIES

• Texas 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 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 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: September 28, 2016