A domestic mutual insurance company must possess a surplus over and above all liabilities in an amount equal to the minimum capital stock and surplus required of a stock insurance company engaged in the same kinds of insurance.
Tex. Ins. Code § 883.201
SURPLUS REQUIREMENTS
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, 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.