{"data":{"id":"us-tx/tex.-insurance-code-861.154","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 861.154","heading":"DIVIDENDS.","body":"Except as authorized by Sections 403.001 and 403.051, the directors of a general casualty company may not issue dividends.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.061, eff. April 1, 2009.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE D. CASUALTY COMPANIES","CHAPTER 861. GENERAL CASUALTY COMPANIES","SUBCHAPTER D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.861.htm#861.154","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"8d13205d3344f970e846459156806469b558ab190f3df74dd5eb437206c04c8b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-861.153","next":"us-tx/tex.-insurance-code-861.155"},"notice":"GroundRules: Original legal text. Not legal advice."}