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2025 Texas Statutes
Insurance Code
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 887 - Provisions Applicable to Certain Mutual Assessment Companies
Subchapter E. Powers and Duties Relating to Insurance and Coverages
Section 887.210. Reinsurance
Universal Citation:
TX Ins Code § 887.210 (2025)
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Sec. 887.210. REINSURANCE. (a) An association may enter into a reinsurance agreement with a legal reserve company that:
(1) is authorized to write life, health, and accident insurance in this state; and
(2) has capital or surplus of at least $100,000.
(b) A reinsurance agreement under this section is subject to the commissioner's approval.
(c) An association may not pay more out from its mortuary fund for reinsurance under this section than is received at the time of reinsurance by the mortuary fund on the insurance certificates or members reinsured.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
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