AMOUNTS OF RATES.
Tex. INS Code § 2054.252.
in effectRates charged by the company for insurance must be set in amounts sufficient, when invested, to:
(1) carry all claims to maturity;
(2) meet the reasonable expenses of conducting the company's business; and
(3) maintain a reasonable surplus.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
