{"data":{"id":"us-tx/tex.-insurance-code-403.051","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 403.051","heading":"ESTIMATE OF PROFITS.","body":"An insurer organized under the laws of this state may not include the following in the estimate of the insurer's profits for the purpose of paying dividends under Section 403.001:\n(1) the reserve on all unexpired risks computed in the manner provided by this code;\n(2) the amount of all unpaid losses, whether adjusted or unadjusted; and\n(3) all other debts due and payable, or to become due and payable, by the insurer.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 403. DIVIDENDS","SUBCHAPTER B. ESTIMATE OF PROFITS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.403.htm#403.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"c9e8909ec06589b7e9064fd70fa06af204b1eaa5dee6fd050f61b2250269d362","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-403.002","next":"us-tx/tex.-insurance-code-403.052"},"notice":"GroundRules: Original legal text. Not legal advice."}