{"data":{"id":"us-tx/tex.-insurance-code-883.202","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 883.202","heading":"REQUIRED DEPOSIT FOR COMPANIES WRITING BONDS.","body":"(a) A domestic mutual insurance company that writes fidelity and surety bond coverage shall maintain on deposit with the comptroller cash or securities of the kind described by a provision of Subchapter B, Chapter 424, other than Section 424.052, 424.072, or 424.073, in an amount equal to the amount of cash or securities required of a domestic stock insurance company.\n(b) The commissioner must approve for deposit the cash or securities required by this section.\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.075, eff. April 1, 2009.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 883. MUTUAL INSURANCE COMPANIES OTHER THAN MUTUAL LIFE INSURANCE COMPANIES","SUBCHAPTER E. REGULATION OF COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.883.htm#883.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"2033fd6e370447104fcf748d390e60f37ff71c1c34eea8e4ae39dbbcc300e6da","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-883.201","next":"us-tx/tex.-insurance-code-883.203"},"notice":"GroundRules: Original legal text. Not legal advice."}
