Texas § IN.2551.256 - ACTUARIAL CERTIFICATION
Full text of Texas The Texas Constitution § IN.2551.256 — ACTUARIAL CERTIFICATION, with citation guidance and answers to common questions.
§ IN.2551.256. ACTUARIAL CERTIFICATION
ACTUARIAL CERTIFICATION. (a) Each domestic or foreign title insurer shall file annually with the insurer's annual statement required under Section 2551.152 an actuarial certification made by a member in good standing of the American Academy of Actuaries. (b) An actuarial certification must: (1) conform to the annual statement instructions for a title insurer adopted by the National Association of Insurance Commissioners; and (2) include the actuary's professional opinion of the insurer's reserves as of the date of the annual statement. (c) The reserves analyzed under this section must include reserves for known claims, including adverse development on known claims, and reserves for incurred but not reported claims. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.2551.256
What does The Texas Constitution § IN.2551.256 cover?
Section IN.2551.256 ("ACTUARIAL CERTIFICATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2551.256?
A common citation format is "The Texas Constitution § IN.2551.256" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2551.256 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.