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Current as of January 01, 2024 | Updated by Findlaw Staff
A surplus lines insurance policy or contract form may not be used unless use of the form is:
(1) reasonably necessary for the principal purposes of the insurance coverage; or
(2) not contrary to the purposes of this chapter regarding the reasonable protection of authorized insurers from unwarranted competition by unauthorized insurers.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 981.102. Limit on Use of Surplus Lines Policy or Contract Forms - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-981-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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