Section 882.301 - Amount of Unencumbered Surplus(a) A mutual life insurance company that engages in the business of insurance in this state shall maintain an unencumbered surplus of at least $100,000 that consists of cash or classes of investment as provided by Section 882.055.(b) Except as otherwise authorized by this code, a company that does not maintain an unencumbered surplus as required by this section may not write new insurance.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.