{"data":{"id":"us-tx/tex.-insurance-code-822.054","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 822.054","heading":"CAPITAL STOCK AND SURPLUS REQUIREMENTS.","body":"(a) An insurance company must have capital stock in an amount of at least $2.5 million and surplus in an amount of at least $2.5 million.\n(b) At the time of incorporation, the required capital and surplus must be in cash.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.\nAmended by:\nActs 2009, 81st Leg., R.S., Ch. 1275 (H.B. 1476), Sec. 1, eff. September 1, 2009.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 822. GENERAL INCORPORATION AND REGULATORY REQUIREMENTS FOR INSURANCE COMPANIES OTHER THAN LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.822.htm#822.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"18b23fa7a7023a0b7a14a5208e5a537f652a3dcbcaef6380b2616e897cd8108d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-822.053","next":"us-tx/tex.-insurance-code-822.055"},"notice":"GroundRules: Original legal text. Not legal advice."}