{"data":{"id":"us-tx/tex.-insurance-code-4152.058","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 4152.058","heading":"BOND OR ERRORS AND OMISSIONS POLICY.","body":"(a) The commissioner may require a reinsurance intermediary to:\n(1) file a bond with the commissioner for the protection of all insurers represented; or\n(2) maintain an errors and omissions policy.\n(b) The issuer of the bond or the errors and omissions policy must be acceptable to the commissioner. The bond or the policy must be in an amount determined by the commissioner to be customary and adequate under the circumstances.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 13. REGULATION OF PROFESSIONALS","SUBTITLE D. OTHER PROFESSIONALS","CHAPTER 4152. REINSURANCE INTERMEDIARIES","SUBCHAPTER B. LICENSE REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.4152.htm#4152.058","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"4b959f326419e65b3b4c378734b2f8a2eab949311512c30a57b41a0acb57d6ab","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-4152.057","next":"us-tx/tex.-insurance-code-4152.059"},"notice":"GroundRules: Original legal text. Not legal advice."}