{"data":{"id":"us-tx/tex.-insurance-code-884.301","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 884.301","heading":"REINSURANCE OF POLICY.","body":"(a) A stipulated premium company may reinsure on an individual indemnity policy basis any risk or part of a risk that the company underwrites or assumes.\n(b) The reinsurer must be a legal reserve company that:\n(1) is authorized to write life, health, and accident insurance in this state; and\n(2) has capital and surplus in an amount of at least $200,000.\n(c) After reinsuring under Subsection (a), a stipulated premium company may take a credit for the reinsurance against the aggregate reserves required by Subchapter J.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 884. STIPULATED PREMIUM INSURANCE COMPANIES","SUBCHAPTER G. POWERS AND DUTIES RELATING TO COVERAGES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.884.htm#884.301","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"0f0f07fba0c4dd46c8623b30a6ea105dbf672cc4b8994a338c1d82f9d755ad0a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-884.256","next":"us-tx/tex.-insurance-code-884.302"},"notice":"GroundRules: Original legal text. Not legal advice."}