An insurer may not write mortgage guaranty insurance unless the insurer has the minimum capital and surplus required by Chapter 861 for a general casualty company.
Tex. Ins. Code § 3502.152
CAPITAL AND SURPLUS REQUIREMENTS
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.