Tex. Insurance Code § 883.202
This is the official text of Tex. Insurance Code § 883.202, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 883.202. REQUIRED DEPOSIT FOR COMPANIES WRITING BONDS.
Official statutory text
(a) A domestic mutual insurance company that writes fidelity and surety bond coverage shall maintain on deposit with the comptroller cash or securities of the kind described by a provision of Subchapter B, Chapter 424, other than Section 424.052, 424.072, or 424.073, in an amount equal to the amount of cash or securities required of a domestic stock insurance company.
(b) The commissioner must approve for deposit the cash or securities required by this section.
(b) The commissioner must approve for deposit the cash or securities required by this section.
Status: in_force · Read it on the official government site
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