Texas § IN.2211.105 - RETENTION AND USE OF PROFITS BY ASSOCIATION
Full text of Texas The Texas Constitution § IN.2211.105 — RETENTION AND USE OF PROFITS BY ASSOCIATION, with citation guidance and answers to common questions.
§ IN.2211.105. RETENTION AND USE OF PROFITS BY ASSOCIATION
RETENTION AND USE OF PROFITS BY ASSOCIATION. (a) The association shall retain any profits of the association to be used for the purposes of the association. (b) The association: (1) shall use the profits to mitigate losses, including purchasing reinsurance and offsetting future assessments; and (2) may not distribute the profits to insurers. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007. SUBCHAPTER D. COVERAGE PROVIDED TO INSUREDS
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2211.105
What does The Texas Constitution § IN.2211.105 cover?
Section IN.2211.105 ("RETENTION AND USE OF PROFITS BY ASSOCIATION") 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.2211.105?
A common citation format is "The Texas Constitution § IN.2211.105" (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.2211.105 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.