Texas § IN.912.308 - AMOUNT AND INVESTMENT OF SURPLUS
Full text of Texas The Texas Constitution § IN.912.308 — AMOUNT AND INVESTMENT OF SURPLUS, with citation guidance and answers to common questions.
§ IN.912.308. AMOUNT AND INVESTMENT OF SURPLUS
AMOUNT AND INVESTMENT OF SURPLUS. (a) A county mutual insurance company shall maintain an unencumbered surplus which may be invested only in items listed in Section 822.204 . The unencumbered surplus must be at least: (1) $25,000, if the company is organized to write insurance coverage locally in only the county of its domicile; (2) $50,000, if the company is organized to write insurance coverage in only the county of its domicile and any adjacent county; or (3) an amount equal to the aggregate of the minimum capital and minimum surplus required under Sections 822.054 , 822.202 , 822.210 , and 822.211 , for a fire insurance company if the county mutual insurance company is organized to write insurance coverage statewide. (b) Except as provided by Section 912.056 , a county mutual insurance company is subject to Subchapter B , Chapter 404 , and Sections 822.203 , 822.210 , and 822.212 . Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2E.112, eff. April 1, 2009. Acts 2009, 81st Leg., R.S., Ch. 677 (H.B. 2449 ), Sec. 2, eff. September 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.912.308
What does The Texas Constitution § IN.912.308 cover?
Section IN.912.308 ("AMOUNT AND INVESTMENT OF SURPLUS") 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.912.308?
A common citation format is "The Texas Constitution § IN.912.308" (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.912.308 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
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