Tex. Insurance Code § 882.303
This is the official text of Tex. Insurance Code § 882.303, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 882.303.
Official statutory text
Sec. 882.303. UNENCUMBERED SURPLUS LESS THAN $25,000. A mutual life insurance company whose unencumbered surplus is less than $25,000 shall allocate at least 25 percent of the company's net earned surplus for the preceding calendar year to the company's unencumbered surplus until the company has obtained an unencumbered surplus of at least $25,000.
Status: in_force · Read it on the official government site
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