Public-domain · open source
OpenJurist

Tex. Ins. Code § 3502.154

LOSS RESERVE

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff

A mortgage guaranty insurer shall determine the loss reserve using the case basis method. The loss reserve must include a reserve for claims incurred but not reported.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.