Tex. Insurance Code § 862.003: ADMITTED ASSETS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE D. CASUALTY COMPANIES
- CHAPTER 862. FIRE AND MARINE INSURANCE COMPANIES
- SUBCHAPTER A. REGULATION OF FIRE AND MARINE INSURANCE COMPANIES
The value of the property of the company shown on the report as determined under Section 862.001 and the rules adopted by the commissioner adopted under that section is considered to be an admitted asset of the company for all purposes.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON