Texas § IN.830.002 - DEFINITIONS
Full text of Texas The Texas Constitution § IN.830.002 — DEFINITIONS, with citation guidance and answers to common questions.
§ IN.830.002. DEFINITIONS
DEFINITIONS. In this chapter: (1) "Guidance manual" means the version of the Own Risk and Solvency Assessment Guidance Manual developed and adopted by the National Association of Insurance Commissioners that is in effect at the time a summary report is provided. A change in the guidance manual becomes effective on the January 1 following the calendar year in which the changes are adopted by the National Association of Insurance Commissioners. (2) "Insurance group" means the insurers and affiliates included within an insurance holding company system as described by Section 823.006 . (3) "Insurer" has the meaning assigned by Section 823.002 (6). (4) "Own risk and solvency assessment" means a confidential internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group, of the material and relevant risks associated with the insurer or insurance group's current business plan and the sufficiency of capital resources to support those risks. (5) "Summary report" means a confidential, high-level summary of an insurer's or insurance group's own risk and solvency assessment. Added by Acts 2015, 84th Leg., R.S., Ch. 39 (S.B. 655 ), Sec. 1, eff. May 19, 2015.
Frequently Asked Questions About Texas § IN.830.002
What does The Texas Constitution § IN.830.002 cover?
Section IN.830.002 ("DEFINITIONS") 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.830.002?
A common citation format is "The Texas Constitution § IN.830.002" (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.830.002 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.