1. (a) Not later than March 1 of each year, a domestic insurance company shall:

   1. (1) prepare a statement showing the condition of the company on December 31 of the preceding year; and
   2. (2) deliver the statement to the department accompanied by a filing fee in the amount determined under Chapter 202.

2. (b) The statement must be under oath of two of the domestic insurance company's officers and show in detail:

   1. (1) the character of the company's assets and liabilities on December 31 of the preceding year;
   2. (2) the amount and character of business transacted and money received during the preceding year;
   3. (3) how money was spent during the preceding year;
   4. (4) the number and amount of the company's policies in force in this state on that date; and
   5. (5) the total amount of the company's policies in force on that date.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.023, eff. April 1, 2009.