Texas Insurance Code 981.216 – Annual Report
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(a) Before March 1 of each year, a surplus lines agent shall submit a report to the department for the preceding calendar year.
(b) The commissioner shall adopt the form for the annual report.
Terms Used In Texas Insurance Code 981.216
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) The annual report must:
(1) demonstrate that the amount of insurance obtained from each eligible surplus lines insurer is only the amount that exceeds the amount obtainable from an authorized insurer; and
(2) include any other information required by the commissioner.
