Tex. Ins. Code § 403.001
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
An insurer organized under the laws of this state, including a life, health, fire, marine, or inland marine insurance company, may not pay a shareholder dividend except from surplus profits arising from the insurer's business.
Tex. Ins. Code § 403.001