Sec. 822.054.  CAPITAL STOCK AND SURPLUS REQUIREMENTS.  (a)  An insurance company must have capital stock in an amount of at least $2.5 million and surplus in an amount of at least $2.5 million.
(b)  At the time of incorporation, the required capital and surplus must be in cash.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by: 
Acts 2009, 81st Leg., R.S., Ch. 1275 (H.B. 1476), Sec. 1, eff. September 1, 2009.