{"data":{"id":"us-tx/tex.-insurance-code-981.057","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 981.057","heading":"MINIMUM CAPITAL AND SURPLUS REQUIREMENTS.","body":"(a) Except as provided by Subsection (b), an eligible surplus lines insurer must maintain capital and surplus in an amount of at least $15 million.\n(b) Subsection (a) does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 595 (S.B. 951), Sec. 6, eff. June 14, 2013.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS","CHAPTER 981. SURPLUS LINES INSURANCE","SUBCHAPTER B. ELIGIBILITY REQUIREMENTS FOR SURPLUS LINES INSURERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.981.htm#981.057","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"210c609f1d2f2da348c3aabdd2b8e946e484586167a023fe6185c86e885b1c54","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-981.054","next":"us-tx/tex.-insurance-code-981.058"},"notice":"GroundRules: Original legal text. Not legal advice."}