Form of Capital and Surplus

Sec. 884.201. FORM OF CAPITAL AND SURPLUS. After a charter is granted under this chapter, the stipulated premium company: (1) shall maintain the company's minimum capital at all times in a form described by Section 884.054(d); and (2) may invest the company's surplus as provided by Sections 425.203-425.228. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.079, eff. April 1, 2009.