Insurance Code § 2211.105
The association must keep its profits and use them for its purposes; it must use them to reduce losses, including reinsurance and future assessments, and must not distribute the profits to insurers.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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assessments loss mitigation profit retention reinsurance
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Insurance Code § 2211.105
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