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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 861.154: DIVIDENDS.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE D. CASUALTY COMPANIES
  4. CHAPTER 861. GENERAL CASUALTY COMPANIES
  5. SUBCHAPTER D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY

Except as authorized by Sections 403.001 and 403.051, the directors of a general casualty company may not issue dividends.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.061, eff. April 1, 2009.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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