GroundRules
Tex. Insurance Code § 941.051: FORMATION OF LLOYD'S PLAN.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE G. LLOYD'S PLAN AND RECIPROCAL AND INTERINSURANCE EXCHANGES
- CHAPTER 941. LLOYD'S PLAN
- SUBCHAPTER B. FORMATION AND STRUCTURE OF LLOYD'S PLAN
(a) To write insurance on the Lloyd's plan, underwriters must:
(1) execute articles of agreement expressing the intent to write insurance; and
(2) comply with the requirements of this chapter.
(b) A Lloyd's plan must have at least 10 underwriters.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON