Texas § IN.942.201 - ANNUAL REPORT
Full text of Texas The Texas Constitution § IN.942.201 — ANNUAL REPORT, with citation guidance and answers to common questions.
§ IN.942.201. ANNUAL REPORT
ANNUAL REPORT. (a) Not later than March 1 of each year, the attorney in fact for an exchange shall submit to the commissioner a report covering the previous year ending December 31. (b) The report must: (1) demonstrate that the financial condition of affairs at the exchange is in accordance with the financial requirements of this chapter under Section 942.155 ; and (2) provide any additional information and reports as required to show: (A) the total amount of premiums or deposits collected; (B) the total amount of losses paid; (C) the total amounts returned to subscribers; and (D) the amounts retained for expenses. (c) The attorney in fact is not required to provide in the report the name and address of any subscriber. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.942.201
What does The Texas Constitution § IN.942.201 cover?
Section IN.942.201 ("ANNUAL REPORT") 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.942.201?
A common citation format is "The Texas Constitution § IN.942.201" (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.942.201 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.