Insurance Code § 884.203
A stipulated premium company may not publicly offer its capital stock if the offering is subject to The Securities Act until it has at least $100,000 in capital and $100,000 in unencumbered surplus.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
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capital requirements capital stock offering public offering
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Insurance Code § 884.203
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