Sec. 822.203. CAPITAL REQUIRED GENERALLY. To engage in the kinds of insurance business for which an insurance company organized under this chapter holds a certificate of authority, the company must have at least the minimum amount of capital required for a newly incorporated company under Section 822.054.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.