{"data":{"id":"us-tx/tex.-insurance-code-2551.305","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2551.305","heading":"REINSURANCE FROM NON-ADMITTED TITLE INSURER.","body":"Notwithstanding any other provision of this subchapter, a title insurance company may acquire reinsurance on an individual policy or facultative basis from a title insurance company not authorized to engage in the business of title insurance in this state if the title insurance company from which the reinsurance is acquired:\n(1) has a combined capital and surplus of at least $20 million as stated in the company's most recent annual statement preceding the acceptance of reinsurance; and\n(2) is domiciled in another state and is authorized to engage in the business of title insurance in one or more states.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.\nAmended by:\nActs 2011, 82nd Leg., R.S., Ch. 1059 (S.B. 322), Sec. 3, eff. September 1, 2011.\nActs 2013, 83rd Leg., R.S., Ch. 1056 (H.B. 3106), Sec. 2, eff. September 1, 2013.\nActs 2015, 84th Leg., R.S., Ch. 38 (S.B. 572), Sec. 3, eff. September 1, 2015.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE B. ORGANIZATION OF TITLE INSURANCE COMPANIES","CHAPTER 2551. TITLE INSURERS","SUBCHAPTER G. LIABILITY AND REINSURANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2551.htm#2551.305","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"4104a82d20bbd4f4d7b6b08ff67473caa808be056787fa0dab9c57c0021f9cfc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2551.304","next":"us-tx/tex.-insurance-code-2551.3055"},"notice":"GroundRules: Original legal text. Not legal advice."}