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TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 15SURPLUS LINES INSURANCE
SUBCHAPTER BSURPLUS LINES AGENTS
RULE §15.113Agent Accounting Records

(a) Each surplus lines agent must maintain general accounting records, which must include a general ledger, a general journal, cash records, and other items necessary to reflect the financial solvency of the agent.

(b) The surplus lines agent's general accounting records must show a month-end summary of operations and fiscal or calendar-year-to-date summary of operations, and must be maintained in accordance with generally accepted accounting principles.


Source Note: The provisions of this §15.113 adopted to be effective December 30, 2018, 43 TexReg 8455

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