§ 941.201 Required Net Assets
§ 941.202 Limitation of Business
§ 941.203 Computation of Reserve
§ 941.204 Authorized Investments
§ 941.205 Joint Control of Minimum Assets
§ 941.206 Hazardous Financial Condition, Supervision, Conservatorship, and Liquidation; Impairment of Surplus

Terms Used In Texas Insurance Code Chapter 941 > Subchapter E - Financial Requirements

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005