Sec. 883.202. REQUIRED DEPOSIT FOR COMPANIES WRITING BONDS. (a) A domestic mutual insurance company that writes fidelity and surety bond coverage shall maintain on deposit with the comptroller cash or securities of the kind described by a provision of Subchapter B , Chapter 424 , other than Section 424.052 , 424.072 , or 424.073 , in an amount equal to the amount of cash or securities required of a domestic stock insurance company. (b) The commissioner must approve for deposit the cash or securities required by this section.
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