Texas § IN.841.206 - IMPAIRMENT OF CAPITAL AND SURPLUS
Full text of Texas The Texas Constitution § IN.841.206 — IMPAIRMENT OF CAPITAL AND SURPLUS, with citation guidance and answers to common questions.
§ IN.841.206. IMPAIRMENT OF CAPITAL AND SURPLUS
IMPAIRMENT OF CAPITAL AND SURPLUS. (a) An insurance company incorporated or authorized to do the lines of business authorized in this chapter may not have: (1) the company's required capital impaired; (2) more than 90 percent of the company's required minimum surplus impaired; or (3) the surplus required under Section 841.205 impaired. (b) If the commissioner determines that an insurance company's capital or surplus is impaired in violation of this section, the commissioner shall: (1) order the company to immediately reduce the level of impairment to an acceptable level of impairment as specified by the commissioner or prohibit the company from engaging in the business of insurance in this state; and (2) begin proceedings as necessary to determine any further actions with respect to the impairment. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2005, 79th Leg., Ch. 728 (H.B. 2018 ), Sec. 11.021, eff. September 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.841.206
What does The Texas Constitution § IN.841.206 cover?
Section IN.841.206 ("IMPAIRMENT OF CAPITAL AND 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.841.206?
A common citation format is "The Texas Constitution § IN.841.206" (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.841.206 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.