REQUIRED DECLINATION OF CERTAIN RISKS.
Tex. INS Code § 2054.352.
in effect(a) In this section, "good faith" means honesty in fact in any conduct or transaction.
(b) The company shall decline to insure a risk if:
(1) insuring the risk would cause the company to exceed the premium-to-surplus ratios established by Section 2054.156 ; or
(2) the risk is not, in good faith, entitled to insurance through the company.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
